It's good to calculate annual interest bill. However, when you compare to the annual earnings after FDA approvals then this bill will be nothing.
If the share price increases to $3.50 in a years time and they do a credit raise then they will get double the money for same number of shares. Paying 10% interest to get 100% extra money by delaying a CR is a good deal. Getting debt before FDA approval is a much better scenario than issue shares in CR.
It's good to calculate annual interest bill. However, when you...
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Last
$1.18 |
Change
0.020(1.73%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.17 | $16.67M | 14.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 54704 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 10000 | 1 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
0.020 ( 3.40 %) |
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| Open | High | Low | Volume | ||
| $1.21 | $1.21 | $1.17 | 2927691 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
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