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Cerus Corporation Message Board

  • djgustave djgustave Mar 23, 2014 8:08 AM Flag


    Lurker here. I have no position. The 8K is somewhat ambiguous, but it sure sounds like more shares being sold to raise cash. Any experts who can interpret this? I'm seeing as much as $40 million plus $1.5 million.
    This represents as much as 10% dilution.

    The share price did a nosedive below support levels. Subtract 10% from, say, $5.75 and you wind up with a stock price of $5.18.

    No science, just guessing. They announced this at a bad time.

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