If you think about it, it's a smart move by the company.
They have the shares cocked, locked and ready to go. Could be used to payout all debt easily, or as part of a partnership deal / royalty funding relationship, or even for a larger agreement with financiers to initiate multiple trial indications at once. Like CLPB and GvHD in adults.
Ann: Pause in Trading, page-70
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Last
$1.11 |
Change
0.055(5.24%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.13 | $1.04 | $6.781M | 6.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43856 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 66000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |