Ann: Change of Director's Interest Notice - PH, page-141

Steini my son, when the company needs to undertake another CR, if it is done in a similar fashion to the last 2 CRs, a poor prevailing share price will mean the funds raised will be very, very expensive money for the enterprise that we own. That is because as the shares are issued at a very low price, we the current owners are savagely diluted in our equity in the enterprise. Why is this topical? Because Hopper's actions around his own very, very privileged ownership of shares in IMU so often contribute to the market's diminished view of the prospects of the company. But I am certain you know all this!!?? I am pretty sure you also understand that the company's cash burn is now clicking along at a fast rate due to the number of trials underway! If per chance, you have better maths than I do, I think many of us would benefit from an alternative explanation....
PS Do you have any insight into when Leslie and Paul will release the next 4C?
My opinions only. DYOR