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Post by selluwud on Dec 19, 2014 20:49:41 GMT
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Post by JHam on Dec 19, 2014 20:53:37 GMT
3.9M shares at $4.25. About a 13% discount to today's opening price and the market likes it. |
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Post by lcd on Dec 19, 2014 21:05:40 GMT
Closed at $5.61 today. Myself and I imagine others on this board were on the sidelines waiting for this to happen but that ended up being a mistake. Good for ADXS and anyone who stayed with them. I don't suspect OCAT's financing deal will end with such a positive market reaction.
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Post by jckrdu on Dec 19, 2014 21:25:29 GMT
Closed at $5.61 today. Myself and I imagine others on this board were on the sidelines waiting for this to happen but that ended up being a mistake. Good for ADXS and anyone who stayed with them. I don't suspect OCAT's financing deal will end with such a positive market reaction. Congrats to all ADXS holders, and tend to agree. The below is what I posted on the OCAT thread... while there are some parallels to what could happen with OCAT's raise, the big differences are the dilutive amounts of each deal. ________________________ ADXS offers a good example of a company raising capital at a lower pps than it was currently trading, and the pps then taking off on the news because the financial uncertainty was removed. The ADXS transaction wasn't nearly as dilutive (5%) as what OCAT is contemplating (30%), but still a good example of what can happen when the market has that financial clarity. |
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Post by selluwud on Dec 22, 2014 13:35:47 GMT
ADXS is having a great pre-market this morning. Not bad after a recent capital raise.
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Post by hophead on Dec 22, 2014 18:29:55 GMT
Jesus. What is going on with adxs?
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Post by JHam on Dec 22, 2014 20:11:30 GMT
Jesus. What is going on with adxs? Scroll up and see what Jckrdu said, which I agree with. Great job for all of you guys holding. Don't get greedy  |
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Post by hophead on Dec 23, 2014 13:11:58 GMT
Just because dilition wasn't as bad as folks were expecting this thing almost triples? Not sure I'm buying that one.
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Post by JHam on Dec 23, 2014 13:20:48 GMT
Just because dilition wasn't as bad as folks were expecting this thing almost triples? Not sure I'm buying that one. I think that is part of it. Also, even though it was done at a discount, the deal was completed with basically one buyer buying most of the shares with the intention to hold. Not like a Lincoln version of the term "buy and hold". The market cap for ADXS was so undervalued prior to this offering. Now that they bolstered their cash position, I think the market felt comfortable with the level of risk. |
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Post by selluwud on Dec 23, 2014 13:35:34 GMT
Just because dilition wasn't as bad as folks were expecting this thing almost triples? Not sure I'm buying that one. I think that is part of it. Also, even though it was done at a discount, the deal was completed with basically one buyer buying most of the shares with the intention to hold. Not like a Lincoln version of the term "buy and hold". The market cap for ADXS was so undervalued prior to this offering. Now that they bolstered their cash position, I think the market felt comfortable with the level of risk. ADXS is going to give back a little this am. The question of how the future trials were going to be funded is now taken care of. |
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Post by JHam on Dec 29, 2014 15:16:09 GMT
$9.75!? Holy mackerel ADXS has officially lifted off.
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