% | $
Quotes you view appear here for quick access.

Protalix BioTherapeutics, Inc. (PLX) Message Board

  • aobbuy aobbuy Jun 8, 2010 4:23 AM Flag

    I can't wait for the short squeeze. Should climb 15% if only to close the gap with Bio-cell

    PLX value = $M 521

    Bio-cell value = NIS M 322 or $M 83(according to 3.87 NIS/$ today exchange rate).
    17.9% of PLX’s value = $M93.

    Bio-cell bought PLX shares for about $M 4.3. So the tax (for the current value of the position) is about $M 22.2 ((93-4.3) X 25%),plus $M 1.5 cash, which leaves total value of $M 72.3 for Bio-cell.

    So Bio-cell is traded for 15% more of its PLX’s shares value after tax and that is before taking into account Bio-cell cheap dilution by its management (which will not affect PLX of course).

    Why is that? maybe because of the shortists. I can't wait for the short squeeze.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
1.03-0.09(-8.04%)Oct 2 4:00 PMEDT