$10 Billion Deal, page-12730

At this point people are thinking others are being mean,
When they are keeping it real.

Yes they will need funds very soon,
The higher price they raise at the better.
Which means they probably should have announced a raise
At or near the highs while sentiment was high,
To get the raise done at the best price with least dilution for shareholders.

It seems very unlikely if not impossible,
For all the finalised results to be out before a raise is required.

So the sooner the better really to get it out of the way,
So things can move on.

Anyhow after that who knows how long for the next set of results?
Or whether the next results we see will be the finalised BIT 225 010 Trial Results,
Or preliminaries from one of the other Trials?

It seems possible if not likely the preliminaries will be finished in order,
By the CRO as from what was stated to some on a phone call.

Anyhow raise needs to happen,
Will most likely be at a discount as that is the norm really.
History tells us from previous raises it will likely be in the mid to high 3 cent range.
Obviously a bit of smart long term thinking could have likely raised at a higher price.

Anyhow people seem correct to point out that the Co.
does not seem worried or interested in SP movements.
That is not really their focus
it is on getting all of the results completed and finalised.

Now do I hope they get good results?
For Sure I do !!!!

When will all the results be finalised and competed?
To allow for proper negotiations with potential partners etc?

Judging from how long results have taken to get from completion to Preliminaries,
As well as how long it takes to get preliminaries to Finalised Results,
Would give a good indication.
Personally think most if not all of the results should be completed by the end of the Year.

Anyhow happy to hear any other rational theories,
But there you go,
that's my theory of what I think is going to happen.
As my explanations as to why....