90 cents seems OK to me. I'm sure GK would prefer the price to be higher, but his first responsibility is to make sure there is enough cash in the bank to generate value into the future.
Raising only $6.5 million now suggests to me that Graham expects the SP to increase and that he will then raise more.
It is nice to know that the radiotherapy trials are of a very short duration at just two weeks and therefore relatively inexpensive. The announcement today which provided details of the abscopal responses should generate interest from both patients and investors.
I very much doubt that we will see a share price of $1.00 again.
Add to My Watchlist
What is My Watchlist?
