Its not a good post, its misleading and opinion only. He has no idea what the FDA will or wont approve and when. The company have previously indicated a phase 3 may be necessary. He has no idea re the level of interest or at which stage any of it might be at - all assumption only and remember his assumptions are generally very wrong... In terms of pharma's on the sidelines, why wouldn't they be...Sidelines could mean anything. Its clear there is no interest right now regardless of that the company says (refer crap raise). Pharma's will know this mob care about low priced options for themselves and happy to let brokers get their way dishing out way more dilution than required at a discount that shows they cannot negotiate or couldnt back themselves in... Proceed with caution and dont get blinded by the shiny thing JG keeps pointing to in the distance... GLAH
PER Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held
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