Raising capital, while they are in a capital intensive R&D phase is about the most important thing the company needs to be able to to.
The alternative is
No cash = No trial results
No trial results = No product approval
No product approval = Bankruptcy
Bankruptcy = shareholders loose everything
Capital raising is a necessity as a start-up. MSB are experts at this. We will get there in the end, and revolutionize medicine.
Ann: Trading Halt, page-117
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Last
$1.10 |
Change
-0.025(2.23%) |
Mkt cap ! $1.250B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.16 | $1.04 | $14.57M | 13.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21024 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 241 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |