RE: Motif/ amp rise12 Feb 2019 18:34
I think this number crunching is rather pointless at this stage as let’s be real - if motif get FDA approval, a lot of people will be buying into both and will hoping to get on a nice spike and bail out with decent profit. Once that RNS comes through, if good, the sp here will rise a fair amount. The MMs won’t get their pen and papers out and calculate how much debt etc they have and think “ah okay great RNS at Motif, let’s keep it as 1.8 because that balances their books”. Market dynamics will play its role and its going to go up here if there’s good news, we just don’t know by how much.