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Posted On: 10/02/2019 4:53:59 PM
Post# of 36542
Doc, TC and several others, question for you. GNBT has been doing quite a few acquisitions lately and they have been using stock as the main factor in these acquisitions. From my understanding, the acquisition stock price was at 2.50 or above for these acquisitions.
Does that affect these acquisitions in any way with the stock going down so much recently? I'm just wondering how GNBT is covering these and how it gets the stock back up to cover the acquisitions and everything else.
I understand looking at the long term plan, but does giving stock for acquisitions and stock price dropping impact this overall?
Does that affect these acquisitions in any way with the stock going down so much recently? I'm just wondering how GNBT is covering these and how it gets the stock back up to cover the acquisitions and everything else.
I understand looking at the long term plan, but does giving stock for acquisitions and stock price dropping impact this overall?
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