Aug. 5 at 8:45 PM
$ATAI Really hoping this deal closes in Sept. Basically, at
$7.21 per share and a
$6.75 closing price, the benefit of holding onto the shares until closing is less and less the longer the acquistion takes (especially if you’d be putting that money into CMPS, DFTX, HELP, or the like where they could have outsized gains). Basically, here’s the value you’d get from today’s closing price for the CVR:
-
$1 (VLS phase 3 or VLS approved) - 7.45%
-
$0.50 (BPL approved) - 0.55%
-
$1.5 (VLS phase 3 and BPL approved) - 14.4%
-
$2.5 (all 3) - 28.3%
I’m confident on
$1.50 of the CVRs, but with a 14.4% gain over today’s price, I would have made more than that if I had just sold this off 2 days ago and bought CMPS. So the hold strategy is getting tricky here. What do ya’ll think?
