I could be wrong but maybe the offering being made by Benitec is more about wanting to have their shares trading on the NASDAQ prior to a big announcement and less about capital raising. I think DONMAN has already mentioned it but if it's just about capital raising wouldn't a private placement be more logical? I mean why go through all the expense of uplisting if its mainly just about raising capital.
BLT Price at posting:
75.5¢ Sentiment: Buy Disclosure: Held