Benitec Biopharma Ltd (BNTC)

[Blane]

Hi, Minding. I must say that I have never really had a sense of concern for the company until now. But (and this is a big but), if management believes that they will get positive data back on this patient, it will make it easier for those waiting for data to jump back in. Additionally, we will be in a market that appreciates this kind of tech. I do agree that this is not the best way to enter the Nasdaq and IPO. Maybe management doesn't want to change gears again. If they did, it could appear as further lack of confidence. I believe they are pushing ahead to reduce the amount of doubt that would come if they pulled back completely. They also need the funds, and I wonder if they believe they will get positive data on this current patient. The only problem is whether or not they will release more than just a "We have been approved to dose the next patient."
If the original IPO would have went through, data wouldn't be so critical for the market to have. But as such, I think data on more than just safety is what the market is licking its lips for. Hopefully we will get something.