I can't believe Dixon would sail close to the wind without a Plan B. I suppose there's always something new to surprise me. It's not at the stage yet where it needs to happen but they need deals to come in or investors get nervous and dump. As they already have.
I know they've been engaging with several world class bio companies as Dixon flagged over 18 months ago . It always takes time in this sector , it's often a slog.
I'm of the view that it will happen but in the meantime it's a nervous and long wait. If he has to raise money he will but there have been no indications from anyone closer to the company as far as I'm aware.
EX1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held