Hi Brewy - When the Annual Report comes out I think you will be surprised by the cash burn - imagine somewhere between $65-80m for the year and increasing?
Best to raise funds to allow them to fully commercialise some of their products. Even with funds they have they will not be enough to get all their products to market, hence talk of future partnering.
Consider another scenario: MSB tried to sneak by with existing funds however unfortunately start to run low on funds before anything gets to market. Investors start to get nervous and jump ship, SP drops, MSB are forced to do emergency capital raising at drastically lower SP go get takers. Imagine how diluted we would be then?
Hi Brewy - When the Annual Report comes out I think you will be...
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