The risk short term is the move for cash and at what price.
They only has $1.9M at end of July they had estimated outs for last Quarter at $634K
Quarterly out at end of this month but would expect they are sitting on about $1.2M -minus this months outs - is it enough ?
Surely it must be tempting with the rise and highest price they have seen in a few years.
Also with the trading they kept pulling it back and basing to let the VWAP catch up - hint ?
We shall soon see.
Ann: PAT-DX1 Active in Pre-clinical Cancer Models, page-151
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