I think upthedell is aligned with how the board are thinking -...

I think upthedell is aligned with how the board are thinking - re. chicken and egg statement.

The company know they need to get the share price up. If they do a deal now, then we are selling a majority (or close to) stake at around 8 or 9 cents (as the buyer will want a discount - or they might even go for an average price over a certain time frame).

I understand sam's point - get onto the previous plan ASAP. The news we are doing the final testing (that leads to approval) fully funded will give all confidence - which will lead to an increase in SP, an ultimately the drug approval MUCH faster.

That said, I think we need to wait for the SP before giving away the company too cheaply. Generally, businesses will go to the market for more funds when there is less than a quarter of funding left in the bank - so we have until August??