somewhere above you mentioned a probability of a credit raise.
they are due to get a rebate for R&D (last year was 720k)
they are due for payment 1 from MND in next qtr (220k I think)
Epichem still profitable (farewell Colin)
We don’t know if a vet deal will or won’t land
so while I do share some concerns about the funds given the volume of activity ahead, I am fairly confident the current SP is not getting them all jittery about doing just that. Lots of variables and none the least of which was they just did a CR with the options. If they needed more cash then maybe they should have gone for 2c or 1 for every 3 shares held etc.
I just don’t think they want to credit raise if they don’t need to given the opportunities for some commercial deal in front of us.
just my thinking.
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