Ann: Proposed Consolidation of Capital, page-357

  1. 30,630 Posts.
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    Don't change the context, I said this CN was always dependent on the clinical trial updates for VAXINIA and especially OASIS and like I said, it look very dicey now given IMU had stated OASIS is delayed until the 2nd half so the pps got sold down to around their lowest conversion price and then the proposed consolidation push it even lower. This is very similar to last time the pps dropped to as low as 4c when the CR offered to SI was at 8c and then a few week later the SPP ended at 5.2c but the pps got sold down to 4c.
 
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