I think the confidence in obtaining positive decisions from EU, USA, Canada in September is high and would outweigh any immediate desire for a cap raise. In any event $4.50 now is a massive discount, wouldn't give away 16% for this one.
If a cap raise needs to happen, I think Q1 in 2021/22 FY .... hopefully at something starting with an 7 or 8.
IMO/ DYOR
3 business weeks ago the share price was hovering around $4
The anticipation of a positive outcome from FDA is gaining momentum today.......as can be seen in the share price
Today it is around $5.50
4 business days ago it was $4.58
Currently the market cap is close to 1.55 billion dollars
I am expecting before EOFY a capital raising will occur
Do you take the risk and wait for FDA decision........or do you pull the trigger and call a trading halt now
Ideal time to do a capital raising, page-3
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