Hoodlum,
I don't think they would have taken 4 months dated options if not confident, would have requested a new series with longer time.
Bph is a holding company, cr in Feb was not needed, nor this one.
I think dB has a cash to investment ratio he may maintain.
Ie why, the small top ups.
Most companies raising have direct expenses, in the sense it is often for there own projects advancement.
Here no, it's to inject and maintain the holding position percentage.
So I think we get news on investments outside pep11.
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