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Replies to post #216165 on Biotech Values

Replies to #216165 on Biotech Values
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bladerunner1717

12/20/17 4:38 PM

#216166 RE: DewDiligence #216165

re: ADXS

So, Dew, ADXS will exit 2017 with approximately $55 million in cash. With a burn rate of at least $20 million/quarter, they don't figure to go far into the new year with only six months of cash. Major dilution is surely coming soon, don't you think?


Bladerunner
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bladerunner1717

12/26/17 10:19 AM

#216226 RE: DewDiligence #216165

Other than year-end tax-selling, do you see any reason for the drop in ADXS this morning?

Bladerunner