Good news.
Dilution is only about 3-4% from capital injection. We now have funds to see us through this calendar year, which means potential commercial partners can't hold our heads over a barrel in negotiations for the product.
We can play a patient game, to get the best deal.
Fantastic that cornerstone investor obviously willing to build stake in company and put more money in without a deal in place. Fair to say they are comfortable with where we're at.
ALT Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
