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It may well not be in her control though.

MM may be relying on the take up of the options and that is not guaranteed unless the SP spikes - and that is not looking like it will - or it won't either.

The HIV results did not do the trick and I doubt the COVID results will either. We have to remember that they have less cash than the last R&D injection at the moment. That came in February so a while before they get the next one.

If you recall the last CR - it was a desperate affair. MM was relying on some sort of deal which never eventuated. They were running on fumes by the time she pulled the trigger.

Getting the SP up above the oppies exercise amount will save the day but relying on that happening is that financially prudent. Very large gamble.