I am not clever enough to understand this can you please ELI5 - how can regal force a cap raise if there is no immediate need for cash? The runway is good for at least 18-24mths not taking into account sales of Ryoncil. It doesn’t matter if Regal really wants a cap raise if there’s no need for it. I understand that there’s trials in place but I feel that CLBP is reasonably well accounted for cash wise and I don’t think MSB would go it alone on heart if they get AA. Again that is all assuming that, trials aside, the day to day running of the business might be cash positive in the near future with sales. Not being antagonistic, just genuinely trying to understand the rationale.
MSB Price at posting:
$1.70 Sentiment: Hold Disclosure: Held
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