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Stock impact report

MEI Pharma: Time To Reload At Key Support Level [Seeking Alpha]

MEI Pharma, Inc. (MEIP) 
Last mei pharma, inc. earnings: 2/6 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.meipharma.com
Company Research Source: Seeking Alpha
MEI Pharma: Time To Reload At Key Support Level Review of Stock Price Since My Last Article I last wrote about MEI Pharma (NASDAQ: MEIP MEI Pharma: Double Trouble Or Double Double. While the stock price never actually doubled, it came closer to doubling than a 50% loss. In addition, the market cap more than doubled in that time period and remains significantly higher than it was at the time of my last article (despite the stock price being lower). This is largely due to a private placement Since that peak, the stock price plummeted to a low of $1.91 (market cap $137 million), recovered to $3.32 (market cap $237 million), and now sits at $2.45 as of 6/14/19 (market cap $175 million). The current share count is about $71.3 million, indicating that the majority of the warrants from the private placement have not been exercised (which is also reflected on the company's last quarterly report Source: Yahoo Finance Ultimately, it matters more where the stock is going rather than where it has Show less Read more
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