100% thats what they have accounted for. Hence they have enough to go all the way and no further funds needed.
The other thing is at that stage of the phase 3 trials (say after 1 trial) I expect the share price to be north of $2 and if thats the case even if they wanted to raise say $30 million itll only be the issue of 15 million shares at $2 which is stuff all in terms of dilution especially if someone like tattarang takes up majority of the placement.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 532 | 7.3¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 12158 | 0.071 |
1 | 62163 | 0.070 |
1 | 100000 | 0.063 |
1 | 100000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 8695 | 1 |
0.076 | 40000 | 1 |
0.080 | 19000 | 2 |
0.083 | 4000 | 1 |
0.090 | 126146 | 1 |
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