AGM is likely to be in November - still 5 months to get the final report out on the trials.
They will run out of cash by then and the options will have lapsed with the result of the free cash coming from those.
It is getting harder to understand how final trial results can be this delayed - getting quite ludicrous. I imagine that maybe the BOD are doing this because the results are just in line with previous trials and not as definitive as BIT had hoped.
We have to remember that the trial results were "completed" in August 2023 and the HIV prelim results announced two months ago.
Yes, a promise that the trial will be finalised this quarter - so, another 4 weeks to go to honour the promise. The question will be that, if no announcement is forthcoming by the end of this quarter, what impact will that have of shareholders support for the BOD at the AGM - and for the SP.
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