Ann: Entitlement Offer to raise $11m for Phase 3 clinical trial, page-71

whoops just reread the announcement. Tomorrow is the big day.
my take will be.....
under 4 million disaster
4-5 million pass mark
5- 6 million good
6-8 million excellent
8-11 million unbelievable as I don't believe it will happen

the reason I can see 4-5 as a pass mark is that I believe they could raise that again in placements (surely they've lined up something). And even if they only get to 8, the remaining 3 can then be raised through RD tax credits.

now what do I believe will happen...im going to go with 1.5 mill raised. CR raises
2-3. they have to rejig the clinical trial. Attempt to get to the interim data hoping for good results. If they don't it's done.

the other clinical trials may offer hope but unfortunately I think the sun will set.