BLT benitec biopharma limited

new substantial holder, page-31

  1. 1,146 Posts.
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    I understand how the $1.07 price was set for the fund raising but more than curious about the thinking that added a free option with an excerise price of $1.26 with an expiry date of 28th Feb 2019. Is that a lack of faith in the future pricing or a weakness in the negotiation with the RA Capital?
 
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