Dec. 5 at 10:03 AM
$NCNA It’s important to remember that the June high, which was around
$40, valued Nucana at a market cap of approximately
$76 million, because at that time the share count was only about 1.9 million. After that, the company conducted an ATM offering, which increased the float to roughly 4.1 million shares. With the current share count, that same June valuation would now correspond to a share price of around
$18.
