Look, after speaking with him a few times, the harsh reality that BB is "very green" when it comes to financing aspects of the business. His skills on the partnering side of commercialising the products.
Future prospects of the company, including commercialisation of APAS, aren't killed with this deal but Yes it was a bad deal (even for those that got an allocation in the short term) but 6/12 months on from now the 6/7c discount will be a distant memory.
Ann: Completion of Placement, page-160
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