4M shares will also go through the same reverse split for 160K shares .. the math will come out to be the same, so what is the point? The company is way undervalued at this range, the chart supports a massive rebound, this will all add up at the end. We may get to the 20 cents range in a few weeks, rest will be in the management's hands...
Based on the new filing, what do you think is a reasonable market price? Fundamentally nothing has changed, how do we calculate the price ... Can we say 7.5M as market cap value to be reasonable? This calculates to be .10 as pps??
Exchange Share = X + Y
Adjustment Price = 0.12 (estimate)
Private Placement amount = $4.19M
X = 1.88/0.12 - 4.7 = 10.5M
Y = 1.67 * 5.22 = 8.7M
Exchange Share = 10.5M + 8.7M = 19.2M
Fair Share Value = Private Placement amount/ Exchange Share = $4.19M/19.2M = .22
This is just my estimate but I think it is close to what the actual figure may look...
Get Lost basher ... this puppy will pop big tomorrow. Its ready to erupt.. Fundamentally, the company is very strong with 3 products cleared for commercial and a strong clinical pipeline..
Stop bashing, the after hour high is 0.42 and low 0.188 .. Also the RSI is ~13, these are signs of rebounds. Yes, the stock took a big hit, but at this level the risk/reward is quite high.
I see the stock price hitting minimum 1.50 - 1.75 prior to announcement, if data is positive, this could double or triple in anticipation of the trial being "pivotal". Currently at 50M market cap, the share price is a bargain. Market Cap should be at least 200M.
Sentiment: Strong Buy
Great work moto. I have one more request, please put an order tomorrow for 0.032 for 500K shares, this is my cost average, I really want to get out of ADMD. In the long run, I hope this will all pay out well for you. I have been frequently trading in/out of ADMD for over a year and half and made good money, some of the users here can testify, however I feel that the next 1-3 months is not a good investment. This is just my opinion, and I can be proven wrong again (probably for the millionth time), but if you have the money and are willing to pay lower than what Battelle and Cadwell/ Insiders cost average, then you are more than welcome to get the prize from me. I will always watch ADMD and will be frequently in/out within my comfort range. It is just at this time and price range that I feel uncomfortable to invest, but I do respect your enthusiasm .... Thanks.
I am enjoying this price range, added another 100K. Still have dry powder to pick some more. We all know the price will come back. Hoping for a wonderful year. Let the strategic alliance, AMIC team with FDA guidance sort things out while building a strong LONG term position. I am loving it!
Sentiment: Strong Buy
They will need to dilute to raise capital, no other way, now the question is can they find investors willing to buy higher than the current market price? This is the only way the stock price can be maintained. I hope they have a plan and good reason to raise capital.
They may do public offerings to raise capital, the question is can they raise capital at the rate better than market? If you remember, in the past, they have issued warrants at exercisable rate significantly higher than market rate. If they were to dump 300M shares in open market at current value or less, the stock price will be in double 0s with the market cap less than 2M. Now imagine what that will do to the 110M insider shares.
Don't sell. Remember the new enhancements to their software this June? On top of everything, they are getting good reviews from end customers.
Yes, there may be some concerns about dilution or raising funds but in the same time, the company is in the process of generating revenue and the feedbacks from the customers have been quite promising. This, let alone, is the basis of making an investment. Overtime, there will be a fix to the market price and investors will be rewarded handsomely.