Post by
WaynerBob10 on Feb 26, 2021 10:47am
Once red
I'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.
Comment by
clubhouse19 on Feb 26, 2021 10:52am
If this deal is on the up and up...you can be sure that the clients of the inderwriters are pissed and feel had. But if you hear nothing,,,they are part of it and the collusion is very well possible.
Comment by
Candyswanwick on Feb 26, 2021 11:21am
Like seriously zoom out. If you're upset about returns over the last 5 years then nothing will make you happy. If you someone that chased a gap up after a news release in a drug development company, then you're a simp.