Post by
narmac on Dec 15, 2022 12:35pm
Hummm,,,a merger or a buy out?
How does a merger or buy out with stock work when market caps of the respective parties are dissimilar?,,,,,,Midatech at $10 million and Bioasis at $14 million yet BTI will make up a smaller percent of the merged company............hummmmm,..........to add insult tio injury all the while when our team of PhDs have continually noted we are comparable in value to Annexcon Inc.,,which today is trading with a market cap of $260 million......hummmmmm,,,,,so many questions!!!,,not to mention the market size each of the merged companies are targeting!!.....have others noticed these disparities??....
Comment by
narmac on Dec 15, 2022 3:21pm
Would you consider doing this Narmac? Send questions to Graeme,,,,,??? Yep,,no problem,,, it has been suggested by Graeme that I send a list to him,,,,I assume SH is a board which is read by all sides in this deal,,,,,,so lets put a max of 10 of our best questions in! ,, Ok??
Comment by
ronrydell on Dec 15, 2022 3:27pm
I would submit the question: please do the math I'm asking for: on million BTI shares using the merger identified ADR conversion ratio of .0382....what does a shareholder have after closing?
Comment by
narmac on Dec 15, 2022 3:30pm
rony,,, I dont know if that works on the deal where the new company has not had the market put its value on it in real time on the floor,,,,,,!,,Others would have more insight on this Im sure.
Comment by
lovingold on Dec 15, 2022 7:00pm
3) We want/need clarification on the rumours davenport has been spreding about a "glitch in the platform" we need this addresed. There is no "glitch" in the platform. Ask Mei Mei to explain how it works perfectly.