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Opko Health, Inc. Message Board

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  • lsddc07 lsddc07 Jan 9, 2013 11:48 AM Flag

    Why all the selling?

    I don't think it sets the market value @ $4.87. This was the price used to determine how many shares where going to be issued to make the value of the deal worth $100 million. The $4.87 comes from the average price of 10 days preceeding the deal date.

    While the extra shares will add dilution- I am sure Dr. Frost thought it was well worth the ROI.

    Sentiment: Strong Buy

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