GREY:ATBPF - Post by User
Comment by
MrMugsyon Mar 24, 2021 11:05am
115 Views
Post# 32866189
RE:RE:RE:RE:RE:RE:NASDAQ
RE:RE:RE:RE:RE:RE:NASDAQWalkOverTheStrt wrote: Arbourmark - sure thing
1 - Listing won't get the stock to $6 instantly, never implied that as my point was there aren't enough potential buyers (esp. instiutions) to purchase. Look at the liquidity of this stock. It's anemic. It's about liquidity and lack of any on this stock / exchange. I've been buying for the last two years (relaievly new investor) and medium to large blocks are difficult to buy into. That and fact that majority of shares (outside of owners %) is held by retail tell's me whatever PR / news of the last year since hiring Stern isn't working and / or it can't be acted on b/c we are on this exchange. If you represent a fund and Stern / Antibe comes calling are you going to take their call... maybe but if you cannot buy due to the exchange then it's a put on the shelve situation. We have a great
2. Agree that there are shorts and right now they have free reign as there are no buy side instiutions adding. Again my hypo is there just aren't enough out there on this exchange that cover biotech / micro caps...
3.. The Min price on NASDAQ is $3. We qualify now and I'd expect mgmt to list when they are close to signing a European or USA partner... If that isn't enough for the market to see the value prop of Antibe (after already having sifficient cash on hand, large TAM) then I'm not sure what will do it... This we need to be at $x is bs IMO. It's about following the listing with news that get's attention and performing roadshows to attract the target instiutions.
https://listingcenter.nasdaq.com/assets/initialguide.pdf
Sorry, I didn't mean to imply that the company is waiting for a certain price before they go to NASDAQ. I just know I like a certain price range and I believe we will be there when we finally go (likely fall - based on latest comments from ATE).
I am saying that I believe, by the time we go, the share price will likely be between $6 and $15.
My opinion only. I like that range (with lots of good news to follow - key requirement) as it would set us up nicely so we can focus on developing the company and not worrying about a declining share price.
I'm sticking with that guess - as it is only a guess.
Just my opinion