NorthWest Biotherapeutics Inc (NWBO)

[Horseb4CarT]

The raise was a downer I have to admit however once I calmed down I came to the conclusion that the cash needed to be raised as counting on public success to raise cash at better terms would be risky, and now we know management was aware of new delay. What I especially didn’t like about the raise was that we all weren’t privy to get in on the deal for cheap shares and options.

As for the dilution impacts what is 20 million shares and a bunch of options on top of a base of over 600 million to a billion, around 7% or so? Not insignificant but also not devastating. I was happy we weren’t voting on a new increase in allowable share creation ceiling.