The answer to your question LED would be 'yes' but to overlook that possibility entirely suits his narrative....so don't let the 'possibility' get in the way of a good down ramp eh ????!!! We are in one of those MSB twilight zone periods, sweating on the terms of the deal......could be a positive or a negative ....I don't see it as a neutral scenario. Any time a biotech cashes up with an astute investor's funds....assuming an astute investor makes 'astute decisions' after an investigative period of due diligence, then it can only be viewed as a positive. If we are screwed over with massive dilution and a massive discount to VWAP...then the perception of desperation sets in. Until we know.......I'm going to take advantage of the mask free freedom that is Melbourne (for now at least !)
Ann: Half Year Report and Accounts (including Appendix 4D), page-89
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