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Alimera Sciences, Inc. (ALIM) Message Board

  • ldk139 ldk139 Aug 17, 2012 11:41 AM Flag

    $2.91 per share is what institution investor paid in recent share offering

    After reading the press release 7-18-2012, my understanding is that institutional inverstors essentially paid $2.91 per share( in common stock term ) for a total of $40 million to ALIM. And their warrants conversion price will be about $3.20 per share of common stock.

    What does this mean ?
    This means institutional investors are very , very optimistic about ALIM.

    ( I do not own shares. No money. )

 
ALIM
5.76-0.36(-5.88%)3:13 PMEDT

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