Replies to post #79931 on Ayala Pharmaceuticals Inc (ADXS)

[tj1912]

Ig... we do know.. This is bad. Diluting at 2 was bad. Diluting now is bad. No secret sauce behind it. They are running low on money. Next week they will announce shelving axal and sp would have crashed anyway. Berlin knew about the deal he was going to announce and took ad vantage. Those are the obvious reasons...imho

[ubmmg]

As they decided to issue a secondary, this is a strong indication there are no monetary deals in the pipeline, nothing is expected for at least few months. That’s a reality.
This conference call will be crucial. Most likely, AXAL will be shelved. Otherwise, why this raise? No takers.
This is a bridge to something. What will it be? HOT monetization? NEO milestone payment? They need to extend the cash runway for few more months. It means they will raise $20M to $25M now. At what price? I wouldn’t be surprised to see the secondary priced at $1.05 or so. 20 million shares plus warrants. All depends on exercise price of the warrants. G-d, save us all.