Theratechnologies Inc T.TH

Market cap

[Greenviolino]

TH did a consolidation because they had no choice if they want to raise funds and bring back institutional investors. With a residual market cap of only CAD$90 million, the future belongs mostly to new shareholders (and current ones who dare increase their exposure). The company will need to raise 50-60 million if they continue their R&D program (so around 75% dilution). With a potential new market cap of CAD $140 million, it would still be valued TWICE less than when it announced it was pausing the Phase 1 trial.
Think market cap, not stock price when you value the company. So much useless noise right now.

[Trogarzon]

The dilution you are talking about won't happen.  They need 20m tops and then on a success raise more.  Otherwise it's not needed.  They have 100m sales and profits when they cut R&D.

[PinnacleX]

Good thing you know better then he does lol 

[muslix1]

What will happen whit the thousands of options that were to receive soon...

[Trogarzon]

Hope next week can fix a couple of issues.. one being the Marathon covenant breach and the post reverse split stock issue that will probably double the float thanks to the bad luck this company suffers from...lol

[Garp1]

same as with shares, divide by 4

[muslix1]

tk for the info..good weekend

[Garp1]

Also note that the strike price will be multiplied by 4

[Trogarzon]

Shure hope this freak show comes to an end soon.  The debacle is caused in large part by the total lack of leadership.  A ship with no captain.

[Trogarzon]

I hope that having reached less than one time sales that some hostile bidder will put an end to this misery.  I never witnessed such a debacle in stock value in my entire life.  They are beyond any qhalifier of incompetency overthere.  I wish and pray it ends soon.