Yes the optics aren't great after Biosciences chipped in $10 million in Dec 2020 @ $0.70 and we know then tipped in more in April 2023 @ $0.215 to then appoint someone to the Board who subsequently effectively hands in his notice less than 3 months later ..... we didn't even get the usual smoke and mirrors explanations of why this was occurring, just that he wasn't seeking re-election ? Maybe there was a personality clash with Dr Kilian Kelly ? .... who knows
Cynata raises $15 million to fast-track stem cell therapies
The recent placement was led by healthcare investment experts BioScience Managers, with the investment group’s “BioScience Managers Translation Fund 1”, or “BMTF1” tipping $10 million into the capital raising.
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