RedHill Biopharma Ltd (RDHL)

[mybikeisorange]

I don't disagree. But they never "announced" that a raise was coming after results, which is a big difference, and the only point I was trying to make.

You think their is a 90% chance they raise cash after RHB-104 data or after Talicia data?

While promotions of their newly acquired drugs is starting to bring in some revenue, it's still not enough to depend solely on that as their source of cash. So unless they ink some kind of licensing deal with up front cash for one of their indications in the next few months (unlikely imo) then they'll probably do an offering. I'm just not sure when they'll do it. If RHB-104 results are great and the pps takes off, Dror may not want to kill the rally prior to Talicia results, which based on past data, should be good.