Anyone with common sense would first announce approval so that they could then issue fewer shares at a higher price. The fact that NWBO isn’t doing this leads to only one conclusion: NWBO is by no means certain that it will receive approval. But if NWBO had communicated this openly, the share price would already have been below 10 cents a year ago. As Linda Powers is not commenting on the approval process, it will not be possible to hold her legally accountable later for making untenable promises...
Gary If the approval news was due anytime soon , then why couldn’t infusion of capital in US facilities have waited another 1-2 months ( that is, if the company believes MHRA decision will take place in 1-2 months ) , esp if they haven’t even applied to FDA yet as far as we know . But few here will be happy to make excuses for the company.
I certainly don't know why NWBO has needed more than normal dilution recently,
I thought you woke up from your nap?… It’s due largely to the impact of oil…I already gave how much the costs to run Sawston is up this year…Cryo isn't cheap….Check with supplier, I did. You will be shocked on how much their costs has gone up…Go back and check my previous posts. I provided the name of their (most likely) supplier…And don’t forget the annual merit increases…That added to expenses….And new hires…Things need to happen fast. Things = Approval and Deals.
Reality has set in…Hopium will no longer support share price.