Yeah my only concern now is the consolidation, obviously they will need to raise, but just hope they get the results from the trials first then get a pop in share price, then raise at a higher price.
Consolidation almost never works well for holders, I can point to 100s of examples of it not working out and really not one of them working out, I would like to see some example of it working. Almost always the case that if you sell when consoidation is announced and you will be able to get back in cheaper after consolidation as price sinks as its illiquid, and more room to fall, and since consolidation is only make the price look more attractive for a cap raise, so people are aware that one is coming when theres a consolidation.
Anyway heres hoping they get through the trial with no cap raise needed.
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