Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ProMIS Neurosciences Inc PMN

Healthcare Biotechnology
ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational discovery platform-ProMIS and Collective Coordinates-to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this approach, the Company is developing novel antibody therapeutics for AD, ALS and MSA. Its product candidates are PMN310, PMN267, and PMN442. The PMN310 is a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 product candidate targeting ALS. PMN442 is a drug candidate being developed for MSA designed to selectively target and protect against pathogenic a-syn species.


NDAQ:PMN - Post by User

ProMIS Neurosciences Inc > 10 0000 shares traded today (total)
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(5)
•••
Comment by Speyeder999on Feb 08, 2022 12:59pm
82 Views
Post# 34409213

RE:RE:RE:RE:RE:10 0000 shares traded today (total)

RE:RE:RE:RE:RE:10 0000 shares traded today (total)

Azzyma, 
I'm thinking the post consolidation price should be more in the range of 15$, which is inline with many of Promis's peers when they hit the Nasdaq.

At current price, that would entail a substantial increase in sp (0.25$ at a ratio of 60:1 giving a float of +/-7.5M or 0.50$ at ratio 30:1 giving a float of 15M) 

I'm thinking a minimum of 15million would make more sense, but anyone, please do feel free to correct me, I don't want to mislead anyone here, I'm learning as I go along!

Or,  another thought is I'm thinking we will have to brace ourselves with another major financing of another $50M, that will effectively +/-double our current 435M share float and then a 60:1 consolidation would make sense to be left with a float of around 14 million shares going to the Nasdaq.

Any thoughts?

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities