Your figures are deliberately wrong and intentionally misleading...

Your figures are deliberately wrong and intentionally misleading to suit your agenda.
They raised 2 quarters worth, which sees out this quarter at least.
Maybe you don't understand the R&D.
I have no doubt that when the opportunity is there to raise a bigger amount, they should.. but I'm certain there is no need and they are financed to see out the year.
Your calculations are wrong.. but you continually produce it to appear as research.. because you assume people will just believe it.
Just like you justifying AB1 NOT needing a raise any time soon.. and you got that present this morning.. but of course it must be great news, while you're holding/upramping to the max.

Just because your current stock is having a CR, does not mean stocks you now despise need 1 any time soon.

Ps.. The share price will need to rise dramatically if there was any chance of a raise (just like the recent blatantly obvious pump on AB1 hey!).. and you would imagine Somers/clients would have to offload with a profit to have any chance of raising through them like usual.. right?
So if you're calling a raise, wouldn't it be time to buy!?! It can only happen when the share price is back above 1.5c in my opinion - to raise 2 quarters once the current underwriters have profited at 1.3+
Wait and see what happens when news hits
Pretty sure all parties will be very keen to see it climb very quickly!