Anyway, it is done.. Tomorrow is another day..
Given all the options, convertible notes etc out there that are exercisable in the next 6 months, my personal belief is we don't need any more cash until late next year and even further if all the different packages are exercised.
At that stage we should have a good feel (first patients done) on how the technology stacks up and should be able to raise much higher if all the expectations we have are met.
So lets hope we see the last of the 8's and 9's in the next weeks. It is embarrassing being valued at the same level as a pre-clinical Bio given where I believe we are..
Do your own research, not investment advice. My opinions only.
Ann: Capital Raise, page-23
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