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Bullboard - Stock Discussion Forum Oncolytics Biotech Inc T.ONC

Alternate Symbol(s):  ONCY

Oncolytics Biotech Inc. is a clinical-stage biotechnology company. The Company is focused on developing pelareorep, an intravenously delivered immunotherapeutic agent that activates the innate and adaptive immune systems and weakens tumor defense mechanisms. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype turning cold tumors hot through innate and... see more

TSX:ONC - Post Discussion

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Post by CMHarring218431 on Jun 09, 2024 7:38pm

Payoff

Hey Canadafan, just trying to confirm my calculations.......how did you arrive at $12.00 a share for every billion dollars a buyout would equate to? Just love talking in the billions
Comment by canadafan on Jun 10, 2024 12:52pm
Great question. My comment from memory, I most likely said " about" or " close to" The math is actually simple. $ 1 billion, divided by number of shares. dropping a lot of zeros ( billion has a lot of them) math as follows  $1000/ 76 = $13.15 The 76 is rounded up from the investor presentation number of 75.853 million shares. i said about $12ps being on the ...more  
Comment by CMHarring218431 on Jun 10, 2024 3:14pm
The only difference I see would be any exercised options, correct? Like the ones recently granted to the new guy. We don't know the reason but it was a couple hundred thousand, I think
Comment by canadafan on Jun 10, 2024 3:31pm
Even a million shares, would not change the price very much.  that is why I said " about"   
Comment by itntdf on Jun 10, 2024 3:33pm
multiply the current pps by 1,000,000,000 and then divide that by the market cap.
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