CHM chimeric therapeutics limited

PER have just raised $13 million at a 40% discount to the last...

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    PER have just raised $13 million at a 40% discount to the last close price and 25% discount to the 30 day Vwap. They had $12 million in the bank already, but are approaching a readout for a potential approval phase 2b trial in DMD in December. No retail involvement.

    Raising money for a biotech isnt as easy as some make out. There are some huge discounts being offered.

    The market still doesnt like risk.
 
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