Jun. 10 at 4:12 AM
$ELEV I don't agree.Deal will close in 30 days,I would not rule out counteroffer at well over 45 cents;Tang buying 44c for just 36,with a discount of 18%,plus retaining the option to get 20% if compound sold,that ADC could be worth a lot,while commons retaining 80% of potential proceeds.Read last Pr, as of june 30 co cash should end around 30/35 mln usd ( 50/58c per share).If Tang get 44 for sure or 26.4 mln usd paying 36 cents left money owed to commons:therefore 6/14 cents could be available imo.I would be cautious,lets say nor 30 or 35 but 29 mln usd would leave 2.6 mln usd to commons or 4 cents per share for a total of 40 cents for sure (36+4)
Add 80% of potential proceeds if compound sold.
Every 600K usd saved out of 26.4 mln usd due to Concentra, owed to commons, if 3.6 mln USD available 6 cents will go in first Cvr payment,42 cents in early july. Then potential payment if compound monetized.
This is my opinion, do your dd before investing your money.
This is not a financial advise!
