Paul Hopper 31st August 2022 states "Financially the company remains in an enviable position with a long cash runaway that allows us to continue our clinical programs unimpeded".
Corporate Governance Statement "The Company has established practices to ensure that Company announcements are accurate, balanced, and understandable and provide investors with appropriate information to making informed investment decisions".
Paul Hopper 13th September 2022 states "This capital raising ensures a long runway for the existing programmes"
I think the timing of this CR and lack of any real reason other than a repeat of the "long runaway" analogy, which on their wording was "planned", so soon after a very clear and explicit statement on the financial position of the company to continue in its area of operations, requires a better explanation just like they had to do when they botched the Merck announcement and we all paid the price of the markets reaction to that uncertainty.
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IMU in the drivers seat...don't be fooled., page-69
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