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jaybird249

05/02/14 12:15 AM

#142 RE: RealGenius #141

This will go to $2.50 - $3 range by ASCO, then they will announce financing, goes without saying tney will not do it now.

BioSpecialist

05/02/14 7:12 AM

#144 RE: RealGenius #141

Adherex has enough Cash until year end /early 2015 . They have $1.7 M Cash and a very low Burn-rate of $400k per Quarter .There also warrants at $1.44 which could bring more cash for another 2+ years if they exercise them .

And if Phase 3 is positive then you can be sure that they can raise money at much much higher level without problems .