4CE Chart, page-920

It makes a massive difference when your company's core source of cashflow is CRs on the back of solid news flow.

But it's neither here nor there insofar as we're simply speculating.

Either way it's not a problem if you are getting the results. The problems appear when your cash burn is at 200% of forecast yet you're (still) missing targets.

Not that that's necessarily the case here.

@wenty Appreciate the comprehensive post - it gives a lot of insight as to the current price action. I'll probably wait until the next CR to re-enter (even should that be at a higher price than now).