Yes $45m is a lot for proving up value. But are you saying that $45m is sufficient to do the P3 trials ourselves?
Also Dr T has said several times that the "sweet spot" for a transaction is after P2.
And IMO without a partnership Australian retail investors won't drive the SP high enough to achieve a full value TO bid cold turkey, irrespective how good the P2 outcomes are.
General Comments / Chat, page-2695
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$1.37 |
Change
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Mkt cap ! $232.5M | |||
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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