If you think about it, it's a smart move by the company.
They have the shares cocked, locked and ready to go. Could be used to payout all debt easily, or as part of a partnership deal / royalty funding relationship, or even for a larger agreement with financiers to initiate multiple trial indications at once. Like CLPB and GvHD in adults.
Ann: Pause in Trading, page-70
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Last
$1.01 |
Change
0.030(3.06%) |
Mkt cap ! $1.153B | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.04 | 99.0¢ | $5.111M | 5.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 211966 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 136540 | 9 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |