Just my view on why I am not concerned with the current SP
This was the announcement when the last Cap raise was completed and the following Update at the end of January.
Based on this I expect this bucket of money to be used for:
(1) Launch Ryoncil - Tick - Well underway (2) Accelerate CLBP study = Tick -= Increase in sites underway (3) Expand Commercial Manufacturing ...... This one is interesting, as they have enough inventory to supply Pediatric AGVHD and Adult AGVHD, should that be the "expand the clinical indications" Here my view is the increase in manufacturing is linked to the expansion of clinical indications
Either way, it is an expectation to be delivered from this money
If they do achieve all this, and i have no reason at all to expect they will not, then the share price will take cate of itself.
DYOR and GLTALTH
Cheers
MSB Price at posting:
$1.77 Sentiment: Buy Disclosure: Held
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