explain the market cap, page-22

Not convinced the price will go up unless it attracts more institutional investors or some interest is shown by big pharma. Otherwise Regal will continue to milk the stock with their long-short strategy and bot trades. If they make 5% on their investment they're happy.
I think Craig Collie will tell them its worth staying long and accumulating shares. If they're offered stock in a capital raising they'll off load some of what they have already and then take up their allocation cheaper. And MB will allow it because her eyes are on the FDA trial and institutional investors simplify the fund raising.