Off to a good start it seems. As predicted, when discounting the message is: My assets are crap.
Well done Mr Hopper! Successfully undermining the clinical team's effort. There can be only one aim to this: Delisting, taking it privately, then suddenly he remembers that the assets are worth a lot more. Happens every day worldwide, nothing new, all legal. Centro shopping centers are the Blue Print for such a scenario.
From $10 to one cent, then "restructured" and sold for USD billions.
Ann: Entitlement Offer to raise approximately $3.2 million, page-10
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