I think GRQ is right, VHL are undercapitalised. However this has been the case pretty much since listing, and every time they have needed funds, including during the GFC they managed to scrape through and avoid bankrupcy. It was the one thing that stopped me loading up around the 3c mark (I waited for the next capital raise/DNDN deal).
However, they are about to release Phase II results from VIR-201, and this will be the short term price direction maker. We're getting very close to mid-year :)
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