That could be the case (escrow) and IIL is another big bio play for 2016 that has a large wad of escrow shares that have just been released. They are fully funded till trial completion and were well supported in the recent CR, with only a small discount to recent vwap trading.
The Brains Trust - 2016, page-147
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Last
3,008.4 |
Change
6.500(0.22%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,001.9 | 3,013.5 | 3,001.9 |
| XSO (ASX) Chart |