Really frankj I would have thought that almost anyone could have raised $20m (bearing in mind only 15m of its coming from instos not the shell shocked shareholders) if you had said to them 4 months ago here's the FDA for fonda you've been waiting 3 years for, here's the current SP of 80c+ ... now raise!
Hell even bloody mickey mouse could've got a placement at 24c away under those conditions: ie a 70% DISCOUNT TO THE SP POST FDA APPROVAL.
Don't re-write history just because this is the price the CR was done at, its still at a 70% discount to what it should have started at. Or is that... at what the negotiations were started at?
BTW frankj good on you for having the guts to be almost the sole apologist for PS today... pity some of the "insiders" haven't had the balls to show up after all their polemic over the last 3 years. Defenders of the faith lol.
My opinion only.
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