(Total Views: 412)
Posted On: 11/16/2020 12:09:05 PM
Post# of 36570
To all the dilution conspiracists...
Simple question. If dilution is holding the price down at $.20, am I correct in assuming you think GNBT's total value (NGIO, AE37, Covid work, Excellagen, MSO, diabetes clinic, Oralyn) is worth a grand total of about $21 million? Because if any of you even think that it is currently worth more than that, then dilution from 80 million to 110 million shares does not explain a market cap of $21 million.
Pick a conservative number for a market cap....$250 million? At 80 million shares, $3.12. At 110 million shares, $2.27. But we are trading at $.20. So the "dilution is causing the low pps" is only valid IF you assume GNBT's worth is $21 million. And if that is so, why are you still in this stock?
Simple question. If dilution is holding the price down at $.20, am I correct in assuming you think GNBT's total value (NGIO, AE37, Covid work, Excellagen, MSO, diabetes clinic, Oralyn) is worth a grand total of about $21 million? Because if any of you even think that it is currently worth more than that, then dilution from 80 million to 110 million shares does not explain a market cap of $21 million.
Pick a conservative number for a market cap....$250 million? At 80 million shares, $3.12. At 110 million shares, $2.27. But we are trading at $.20. So the "dilution is causing the low pps" is only valid IF you assume GNBT's worth is $21 million. And if that is so, why are you still in this stock?
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