Dude ...what part of my previous post did you not understand...market did get wind of the 16.75c share placement...hence it went 17c...it dropped back to 8c. Because in the Cortendo prospectus it said the fair value of Anp was 7.5 c or thereabouts..because of the Quiet period they wrote off $1 mill in their prospectus.i guess at that stage Cortendo did not know if the Ipo would go through.....
Now understand this...Cortendo has got backing to the tune of $150 mill US...those Banks and Institutions would have done DD on Cortendo and ANP.....they are looking for big returns...don't be surprised if there was a MERGER or TAKEOVER by Cortendo..Cortendo should list on FRIDAY over $18.....I have a feeling that Destum has brought ANP and a few banks together and used Cortendo as a VEHICLE.. $$$
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Open | High | Low | Value | Volume |
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1 | 30100 | 0.077 |
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0.090 | 105882 | 1 |
0.092 | 100000 | 1 |
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