Jessie, that post came across a bit harsh. Let me re word it.
My frustrations were originally on the dilution side but i then realised i can top up at or close to the placement price of 24c. So its become less of an issue for me.
I am still a bit annoyed that management rolled the dice and started the trial before securing funding and it was this that ultimately led to the placement and dilution. But as i say, luckily i have been able to buy on market to address that. Seems you have the same frustration as me, hence my question, did you manage to buy any shares on market to reduce the dilution effect?
Im pretty impressed with the way management have recovered from this mess. So many companies make mistakes, ask for more money then repeat the cycle. Thats not the game here. Pete is saying, give me more money, ill give you a dividend and we will roll the dice on oncology. If the p3 trial fails, you lose and im out of a job. I like this strategy personally.
Anyway, sorry about the first post.
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