And think about this from a placement prospect. People who want to get in at 10c, not 25c. Its all pre trials, and what the 100m club or the 200m club, or more. But you want to raise more coin, for more climbing gear, then you need to be able to sell them the shares, where they think there is still upside before trials.
What sophisticated is going to come in, the day before trials, and put cash down at 25c ?
But plenty will if they think that they are onto a momentum ticket to 25c, if they can get in at 10c.
Raising funds has to bank the momentum train, for sophs to flip into the river of sentiment.
Think about this as a hedge for the company. Lets say also that there is some set back and trials HER 2 are not clear cut, but need trials 2.0, when you have the cash in hand to reset, there is going to be greater backstop support for the sp. Rather than a falling sp, out of coin.
Expand
