Seeking Alpha
  • Genfit&Tonix
    I think $GNFTF will make 1Y 500% move in q12015.. Just like $ICPT did till now..
    8/14/14
    Reply (11)
    • Mouss: I have Some questions About $GNFTF. Did they already did public offering after iT exploded in january? And second How much cash is there ?
      8/16/14
    • Genfit&Tonix: Of course they've enough to complete 2B this year. They did a 715800 action @6,98=€4,8M (DS 1:14) in february. 23.4M shares outstanding..
      8/16/14
    • Genfit&Tonix: When they reach fase 3 I think a buyout is on the corner.. With peak sales up to $11B we will see a Puma, ICPT, (Tonix?) move..
      8/16/14
    • Genfit&Tonix: + they had a private placement from US investors: €49,7M by the end of June this year
      8/16/14
    • Genfit&Tonix: The couple of BUSD question is what will be the next step; a stand alone, a partner (US,ASIA), they already have a partner Sanofi for Europe
      8/16/14
    • Mouss: Thanks for the answers... But why did they do public offering at 7euros in fzbruary (iT was traiding at 20euro in that time).
      8/17/14
    • Mouss: And second, at which price was the private offering?
      8/17/14
    • Genfit&Tonix: 2.116.567 shares @23,5.. Jean Francois Mouney (CEO) gave LT shareholders a present with te low DS..
      8/17/14
    • Genfit&Tonix: It was a eye opener for many investors. When GFT505 shows better potential than OCA (till now it is better) I expect a 200-300% run in jan15
      8/17/14
    • Mouss: Thanks.. I Will wait till iT dips under 25 and then buy. Looks great!
      8/18/14
    • Genfit&Tonix: I think this is a great time to buy, I think volume will increase in september.. Of course it could go to 22 but that won't take long..
      8/19/14