Can you elaborate more on your comment of "burn from management"? Did you read the prospectus? It states the implied use of the IPO capital of which they have spent what they said they would in the areas they said they would. These results are good and to progress to the next stage they need more funds for this next stage hence the rights issue? What are your expectations, spend all the funds that have already been allocated for something else and work for free? Seriously...
Can you elaborate more on your comment of "burn from...
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