" Why would a company, that has around 15 - 18 months cash runway consider a fund raising whilst the price is down?"
because it's better to raise at $3 than $1. Like I said, they should do this IF they are going to run low on cash before the next major news flows. Ph2 secure won't be done till next year? The ph3 trials are looking like next year? They'll be raising by the end of this year one would think, if there is nothing to support the share price in the meantime it will continue to bleed out and we'll be raising a lot lower
CU6 Price at posting:
$3.07 Sentiment: None Disclosure: Held
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