I think it will be critical to see the quality of institutional buyers, and if they're from the US. The credibility that could potentially add to the stock may provide material support to the share price.
From my view, if this is a considered raise off the back of AUKUS, noting that the kojensi offering apparently has no direct competitors in the world, there could be significant tailwinds for the business.
Ann: Trading Halt, page-38
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