NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

Dilution keeps occurring at these abysmal prices and that negates anything but the most insanely risky averaging down - that’s why the share price matters. If the SP was supported by an effective IR and PR operation then yes dilution would occur but at a much higher price and thus the same amount of money could be raised without the toxic warrants that let people turn around and short and without destroying the equity of shareholders who are not affluent NWBO insiders.

Also if NWBO has not practiced deceit with vague words before your argument that “nearly complete” is an acceptable update on the SAP might make sense. But as it stands, just like that investigation NWBO was going to do in a few months never happened and just faded away, so too is it likely that the SAP could be indefinitely delayed.