Hi Aviza. In a way I would rather see debt funding or convertibles or maybe a small region deal to cover our Phase 3. If it was a total BP deal for distribution etc then we'd be getting a lower price than we would after a decent interim result, which we will all be sweating on.
I am hopeful that we will see two types of funding in the next three years. The first to get us through or largely through Phase 3 via some debt/more dilution and the second a big fat lump and high royalties for distribution. Reason I am hopeful? Because I'm still invested in PAR and therefore I have to be lol - the alternative is deep depression given some of my buy prices!
We all have heard about the data room interest, multiple parties etc. I am hopeful that this is BP for the long-term deals not just short-term funding.
We will inevitably get diluted more and I can handle that if the final payoff is bigger.
Rose coloured glasses, with a bit of mud on them maybe.
Violin
PAR Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)