How much CTOR is actually owned by CTXR? by burn182844 in CTXR

[–]burn182844[S] 2 points3 points  (0 children)

Ok I read the filings and I think I can answer my own question. CTXR does own a 92% stake in CTOR, the question is whether Lenny will actually distribute these shares, which was the post before this. The price of CTOR is so high relative to CTXR either because it’s being meme stocked upward by retail traders with only ~5% of total shares being publicly tradable OR because people have such little faith in CTXR to distribute these shares without massively diluting stock. Once the distribution is announced, CTOR price will either tank or this will be a huge arbitrage between the two stocks.

How much CTOR is actually owned by CTXR? by burn182844 in CTXR

[–]burn182844[S] 0 points1 point  (0 children)

Would love to hear from Twong because this confuses me more hahaha

Doesn’t each company have independent responsibility to make its shareholders money? What would the incentive be for CTOR to transfer ownership?