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Post by uvula on Oct 5, 2017 14:03:26 GMT -5
Did the warrant cleanup last week pave the way for MNKD to get more $ by increasing the number of unsold shares available for sale or did the warrant cleanup actually raise money by itself? How much is available in the ATM? In other words, was the runway extended or do we still need to do something to extend it?
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Post by dreamboatcruise on Oct 5, 2017 14:14:39 GMT -5
Did the warrant cleanup last week pave the way for MNKD to get more $ by increasing the number of unsold shares available for sale or did the warrant cleanup actually raise money by itself? How much is available in the ATM? In other words, was the runway extended or do we still need to do something to extend it? Hopefully they've raised some already using the ATM with the strength of this run up. |
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Post by peppy on Oct 5, 2017 14:16:47 GMT -5
Did the warrant cleanup last week pave the way for MNKD to get more $ by increasing the number of unsold shares available for sale or did the warrant cleanup actually raise money by itself? How much is available in the ATM? In other words, was the runway extended or do we still need to do something to extend it? the runway is now the stairway to heaven. www.youtube.com/watch?v=x9UfyF_nleI
a double guitar he is playing in this video.
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Post by broncolife on Oct 5, 2017 14:21:34 GMT -5
I hope they sold every ATM share they have. The money raised will kill off even more shorts as their BK call will have died.
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Post by humann on Oct 5, 2017 14:24:06 GMT -5
Do I understand correctly that there is a $50M limit?
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Post by compound26 on Oct 5, 2017 14:24:10 GMT -5
Did the warrant cleanup last week pave the way for MNKD to get more $ by increasing the number of unsold shares available for sale or did the warrant cleanup actually raise money by itself? How much is available in the ATM? In other words, was the runway extended or do we still need to do something to extend it? Hopefully they've raised some already using the ATM with the strength of this run up. I will also support them to use the ATM at this level (around $5). If they sell 10 million shares, that will extend runway for another 7 months, with only about 10% dilution. |
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Post by mytakeonit on Oct 5, 2017 14:26:54 GMT -5
Peppy told them to wait till it hits $27 tomorrow.
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Post by alethea on Oct 5, 2017 14:27:30 GMT -5
Do I understand correctly that there is a $50M limit? Yes. At least that is what I have heard more than once. |
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Post by anderson on Oct 5, 2017 15:15:04 GMT -5
Do I understand correctly that there is a $50M limit? Yes. At least that is what I have heard more than once. Yes $50M is the limit. I hope they used it all and there is some premarket statement like they are having a meeting(not sure if the just the board or if they need shareholders to authorize) to reauthorize a new limit. That way they could let everyone know they have $50M in the bank. |
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