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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

GREY:ATBPF - Post Discussion

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Post by Ogre03 on Jan 06, 2021 12:41pm

More dilution

before you all freak out and block me sit back and let me explain. Its more of a thought pipe dream at the moment anyway. I'm kinda hoping they do the bench offering before things take off and here is why. Near as I reckon this was a ten dollar stock before consolidation. I still think its a ten dollar stock even if they raise more capital. If a bench offering occurs before the j curve I figure this drops to around 2.5 heck maybe even a buck. Now that will allow me to double my position easily and if I put cash in on other accounts maybe triple down. Alas Antibe has yet to fulfill any of my pipedreams to date lol Good luck lads and happy hunting
Comment by Forestview on Jan 06, 2021 12:49pm
Interesting take.  So you want them to dilute solely for the reason that you can up your stake?  They do that, and we will be potentially hit with another hurdle that will artificially keep the price of the share from going beyond.  I just don't understand what strategic reason they'd have to do that at this point.  
Comment by Actuarial on Jan 06, 2021 12:54pm
Drops to around 2.5? In your dream! It is only a matter of between buying out now without dilution at 1B and buying out in future with dilution at 3B. For shareholders, without dilution, $30 per share now, with dilution, $60 per share in future.
Comment by Ogre03 on Jan 06, 2021 1:39pm
like I said it is a dream lol.
Comment by RalphRalph on Jan 06, 2021 2:41pm
I've been tough on management, but I really don't think they want to dilute any further.  They own large positions in the company, so they would also be diluting themselves.  Obviously they may not have a choice if they cannot reach some kind of partnership agreement.  I think they would love to be able to announce a partnership and then uplist shortly thereafter.  ...more  
Comment by ABCs123s on Jan 06, 2021 2:59pm
I think dilution will happen regardless, I mean how else would they integrate the Antibe Holdings into the stock. Secondly if they have no partnerships or buyouts they will need to dilute in order to get cash. Obviously I would love for us to stay at the 39 million shares we have now but in my head I've been calculating market cap with about 50 million shares outstanding.
Comment by Actuarial on Jan 06, 2021 3:06pm
To be honest, I care little about dilution. The impact of dilution is much smaller than a partnership or buyout. And the later is almost a sure thing. The only uncertainty is timing, sooner or later.
Comment by Ogre03 on Jan 06, 2021 9:37pm
well for starters they would do the bench offering before anything happens. Then I would buy more shares you follow?
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