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  4. CytoDyn Inc (CYDY) Message Board

yep, you can now buy for under 20 cents a share.

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Post# of 155138
(Total Views: 476)
Posted On: 08/09/2023 10:59:23 AM
Posted By: Hulk767
Re: Shelly2626 #136538
yep, you can now buy for under 20 cents a share. unreal.....

I can only assume they are raising more capital right now, and new investors who get shares (and warrants) are getting shares at under .20 + warrants - and selling current public shares. only thing that explains the volume and continued downward pressure that i can think of.

to state the obvious, not great to be raising money at these levels with the dilution.


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