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Roadtojourney

04/08/20 2:57 PM

#7015 RE: Roadtojourney #7014

Ofcourse this is my opinion, but they have a history imo??
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gastric

04/08/20 3:04 PM

#7016 RE: Roadtojourney #7014

Get NanoFlu on the market and dilution is over forever.
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bleu22

04/08/20 3:12 PM

#7017 RE: Roadtojourney #7014

It’s more about they are through with animal testing and and starting on humans.
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Amatuer17

04/08/20 5:41 PM

#7018 RE: Roadtojourney #7014

Small biotechs move on news - so they issue PR

They had $89 million cash on 31st Dec - they raised approx $120 million in Q1 and added 14 million shares. With trial over, the burn rate is low. So they will have around $200 million in cash so they do not need to raise further. However they have unused ATM to raise money and with price nearly doubling compared to Jan raise, they may be tempted