Company has been clear re no further need for cap raise until...

Company has been clear re no further need for cap raise until read out. It would be embarrassing for mgmt if they needed to raise before then.
What would be interesting when inevitably there is a trading halt with phase 3 read out - if they do a cap raise almost immediately it would indicate a go it alone strategy for
marketing, sales and distribution.
No immediate cap raise would suggest to me they are sticking with the plan to sell the asset and would be fielding / discussing offers.

A little way to go until that exciting point ….