TEVA as equity financer????, page-83

@coffeecup33 and @Southoz

Don't forget that - that positive outcome as you've sketched it - comes with a not-so-insignificant negative element, and that is: MSB has to somehow, and reasonably soon, find an extra $100m (and I'm not sure that that is even the correct figure...it's just the one that has been thrown about) to invest in order to avail itself of this great positive opportunity that it has received in the form of having the CHF program back in its court.

Where will that money come from?

If the answer is: From a partner, then - given that "no one but the DMC knows the interim results" - on what basis does a new partner conduct any decent due diligence prior to agreeing to throw a whole lot of dollars MSB's way?

And if the answer is: From the equity facility, then, if this is going to be an ATM-type facility (which is what it sounds like to me), then, at the current share price and based on the average daily volume of MSB's shares that trade each day (namely, ~830,000 shares/day), around 48% of the daily traded volume of MSB's stock would have to be issued and sold on-market each day in order to raise $100m over 12 months.

What do you think that sort of selling volume will do to the share price?