I watched the webinar last night. Duthy was certainly very happy about the results of the trials. Which begs the question, why not raise after those results?
Of course the process to raise could be started, and I get the positives of raising more money, but I can't help but feel if those results were announced first as stand alone from the cap raise, NTI would be able to raise at a higher price in the not too distant future. When you think next investors only got half of what they wanted, then it suggests they could have raised at a higher price anyway.
That all being said, I thought the webinar was good and I'm not looking to sell any at this point. Never like cracking the $1b shares on issue though....
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