Replies to post #221860 on Biotech Values

[DewDiligence]

Re: RVNC liquidity

...if they don't get an infusion from a partner in the 1st half of 2019 they'll be back at the well.

There's no rush; I expect that when RVNC does raise capital, it'll be at a considerably higher price than today’s.

Other than its IPO at $16, RVNC has never raised capital at less than $30/sh:

#msg-136707514 Dec 2017 @$31.00
#msg-118228123 Nov 2015 @$36.00
#msg-103495495 Jun 2014 @$30.50