Nice find. That was quite an informative read. I agree that an...

Nice find. That was quite an informative read.

I agree that an ATM facility certainly is a cost-effective & clever way of raising capital. I don't think it is sustainable for larger raise amounts though. It is a handy tool to possess that's for sure.

I was also not part of the live presentation, I only viewed the recording on the Share Cafe website (which did not have the Q/A recorded). I do not know the context of the ATM question or Dr Alexandra Andrews' response. This talk about an ATM facility could simply all be speculation....

Nevertheless, 'ASX rules require each and every draw down to be disclosed, resulting in a screed of immaterial disclosures' - We will be informed when an ATM facility is created & will know the amounts raised by the company from issuing/selling the shares.

As for now, we wait for efficacy results.