Covid 19 update from Pitt Street research, page-32

I'd take an uneducated guess that if a raise was going to happen retailers would not get a look in after last raise. And any money raised would be from the likes of XTX , SiEn consortium or South Korean partner or funds wanting to take a stake, No use talking it down and giving them a cheap entry price. Make them pay for our patients.
Take this Leti selector it has the potentual to get us from 1MB to 1GB years ahead in the descete space and shareholders have not had to stump up millions for R&D so even if there is a credit raise shareholders have just saved themselves a stack of dillution just off this selector and saved 10's of millions of dollars.
Seeing Citi Group take a 5% position on top 20 list this would attract other funds. These guys have shown up on allot of speccies over the years that have succeeded.