Doing the maths
CBIO gives away 143,486,978 worth over $9mill cuurent value.
Plus access to $5mil in Cash
Plus $5 mil in Cap raising
Total at current value $19mil
Why did CBIO just try to raise $5mil to run new trials for Lupus?
Every increase in price equates to extra $1mil
Do you really think the share holder is getting a good deal here???????
