Replies to post #110266 on Biotech Values

[DewDiligence]

That explains the persistent selling in MNTA shares.

Correct. Various institutional investors have already been asked if they would like to participate.

The good news is that it’s an underwritten offering, so there will be no warrants and little or no discount to the market price.

[tekcor_atnm]

On the surface it might mean that they feel tEnox is imminent and they should raise cash now in the anticipation of mEnox royalties only.

As a disappointed long, I'm out of here.