Replies to post #1928 on Can Fite BioPharma Ltd (CANF)

[Spideyboy]

Unfortunately so, but was clear from prior financial results that CANF would be at this point.

Given the 3 million quarterly burn you mention, I would expect them latest to raise when they are at the 6 million remaining mark. However while on course towards the 6 million mark, by the time the next earnings are out in November that the waiting will just keeping ushering the price down. So in truth it would be best for them to raise earlier while the share price is nominally higher.

Hence I surmise, perhaps we see the raise before the end of this current quarter.

Again I will be keeping close watch. The products are good, and the M/C is low indeed with much upside on any real positive news.

Best,
Spidey