They will need cash prior to starting the trial. This will either come from a partnership or another capital raise. My bet is on the capital raise as that would be the easier of the two for management to bring to fruition. I also plan to add to my position when that happens.
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Ann: Quarterly Update and Appendix 4C, page-7
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1 | 50000 | 0.078 |
1 | 10000 | 0.077 |
1 | 180000 | 0.076 |
4 | 186800 | 0.075 |
Price($) | Vol. | No. |
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0.082 | 15175 | 1 |
0.084 | 770250 | 3 |
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