BLT 0.00% 2.6¢ benitec biopharma limited

any news, page-3

  1. 4,015 Posts.
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    It is one thing to say that LJ must go but where else will BLT get the money they (we) need? Any other venture capitalist will behave in the same way as LJ. That's how they make their money.

    Until BLT has a positive cash-flow they cannot borrow from a bank or an organisation that wants to be repaid in cash so the only options are repayment via share placements, same as LJ, or grants, such grants from the World Health Organisation.

    I think we will be stuck with the status quo for some time yet, which means we will get some sp spikes then the sp will drift back down. So, short term it is pick the spikes and longer term it is bide our time.
 
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Currently unlisted public company.

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