GREY:BIOAF - Post by User
Comment by
G1945Von Dec 21, 2022 12:27pm
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Post# 35184909
RE:RE:RE:RE:RE:1.2 billion fully diluted shares but $50 billion...
RE:RE:RE:RE:RE:1.2 billion fully diluted shares but $50 billion...KBC both companies are being hit hard because of the potential merger and its unknowns. Both companies are on their knees because of the predicament they got themselves into over time.
If it takes the merger for both companies to survive then so be it. We all need to decide for ourselves what we do going forward. We are stuck between a rock and a hard place. We're caught in a damned-if-you-do and damned-if-you-don't scenario. Selling shares at 5 cents at this point before the merger is set in stone, makes no sense, especially if BTI shares are held in a tax-free account where losses can't be written off. If not the most logical move would be to sell now, bank the tax loss and wait it out to see what the merger looks like and buy into the merger if one so chooses when better information hopefully will be made available then.
We all need to be practical about this convoluted deal.
JMO
G1945V