Cash only till end of the year ???!!! Yikes !!!
Hopefully they will do another issue at 12c and see the shareprice dip for a few weeks, then continue rolling along merrily at 18c!! That sort of dilution I like!!
But don't worry. The wound dressing world manufacture/distribution rights agreement will come with an up-front cash payment of several million $, sometime before the end of the year for sure.