Yes, I don't think they need that much. Just $24M to repay QVT and then another $60-80M for working capital as much for the purpose of supplying CS clients with enough shares to make it attractive and to set a workable strike price. There won't be many locals offering up their shares after the prospectus is printed.
amsterdam, page-26
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.79M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 2800 | 1 |
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| Last trade - 16.12pm 19/11/2024 (20 minute delay) ? |
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