Of coarse they can do a successful CR. Remember 2022 when results of the two current HIV trials were supposedly fully funded and many said they won't put in any more money until they saw the results? BIT then said they actually we have run out of money so if you want to see the results of the fully funded trials then you will need to put your hands in your pockets. So what did people do? They paid up.
18 months have since passed by and the fully funded trials have continued sucking up all the new money from that capital raising as well as two more govt R&D payments and the results of these "fully funded" trials are still unknown.
This time will be no different. The petty cash tin is running low again and the next quarterly due in coming days will show us how bad the situation was last month when the period ended. SH will be asked for more money. If they want to see these fully funded trial results then they will need to pay up because apparently you can't get results from fully funded trials without continually putting in more money.
The alternative for shareholders is what? Pay up or somebody else get your massively discounted entitlement and free options.
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