InvestorsHub Logo

FUNMAN

06/30/21 10:01 AM

#6622 RE: JohnCM #6621

There are silver linings I suppose to Medipharm's PPS. My shares are stuck. Can't inject any more to further reduce my cost basis without "signs-of-life".

Medipharm just looks dead in the water until they get more EU approvals. That could take another 6 - 12 months, if ever.

Expect another capital raise before then to keep the lights on. That's the definition of "bad dilution".

New money on dips at the other extractor is the better play.