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clock Created with Sketch. 26/05/22
10:51
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Originally posted by BoomCrashOffera:
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I take your point about some up front set-up costs, but doubt the deduction that the placement/EO split has anything to do with chronology as both sets of funds were due to be in before trial commencement. The split up given for “Use of Funds Raised” seems to be more aligned to prioritisation given there was more risk on raising the EO funds (which has borne out). This aligns with all the “Ongoing progression of other trials” and “Working Capital” all being accounted for in the placement funds raised when these costs are spread out over the two or so years until futility.
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sounding like you've made a purchase. yes, $500k is a lot less than 7.4M.
Last edited by
RYNZN :
26/05/22
