GREY:ATBPF - Post by User
Post by
WaynerBob10on Feb 26, 2021 10:47am
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Post# 32670573
Once red
Once redI've been holding for a couple of years now. What has me concerned and why I think the price has taken a beating is the warrants. Who here feels that $7.50 in three years is reasonable. The stock touched $7.52 prior to the bought deal. So many posters here were throwing numbers like $30, $40, $50 dollars a share. New drug development companies are high risk high reward. $7.50 a share in three years time is to small a reward for the risk. So either this was a very bad deal or a deal to benefit Canacord and other nsiders at the expense of regular shareholders or worse the board of antibe have much lower expectations for future monetization then shareholders had.