Very encouraging and they already have the $6m in the bag!!
"Dr Stewart Washer: So we’ve got, at the moment we’re looking at $5 million capital raising that’s fully underwritten and placed. So that’s, you know, it’s done before we begin which is always good. The interest in this area from the professional investor community has been phenomenal. And of course, healthcare and biotech is becoming a very hot sector again and we’ve got a position of one for overs. So we can go up to $6 million in that raising, but that extra million’s already been spoken for as well."
ECQ Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
