Replies to post #76061 on Innovation Pharmaceuticals Inc (IPIX)

[waikikian]

It means dilution. Only time will tell if that is a good thing or bad thing.

[MinnieM]

I just edited the post to indicate @ $3 it would amount to 25 million shares sold. If, they sell all of it.

It looks to me as though they are trying to go it alone for awhile to get more trial results before partnering. Always a surprise...

Very interesting. Sometimes, these offerings make the price drop. But, in this case the upcoming catalysts may hold it. Either way, if they are holding out for more trial results they'll end up getting much more cash in a partnership deal. Or, Leo, may simply be playing hardball by showing he doesn't have to take a lowball offer. Time will tell.




In Reply to 'DaubersUP'
In Daubs terms? :). What does that mean?