sure, they are idiots. Raise money for 3 or 4 monthts...Offer shares at 2 cents where price was above 4 cents. They are working hand in hand with hedge funds, give them the best opportunity to make money. The BOD is a joke
Seems reasonable to compare to Hobb's days but Hobb's last offering was attacked very severely by posters and that offering was somewhere around the time of the 2nd and last submission.
I believe delcath has suffered so much the last 4 1/2 years because spending was not cut deeply enough. The cash burn may have been its lowest in 2017, but at the expense of hurting both phase 3 trials.