PAR 1.92% 25.5¢ paradigm biopharmaceuticals limited..

@Denial Hopefully you are on the money re a deal. But I am less...

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    @Denial Hopefully you are on the money re a deal. But I am less hopeful that we will get a deal done before we get too close to running out of cash. Lets see how the quarterly looks in a couple weeks.

    If they do an Insto Placement for the max 25% of 229M shares (say 57M issued new shares assuming a successful vote at the AGM or an EGM) then it still will probably not be enough to fully fund us to complete the OA trials. However it might kick the can the down the road far enough to buy us some more time. Still I still believe that shareholders will want some certainty and that we would rather be fully funded and not have to keep tapping the market unless something changes. Just my thoughts.
 
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