And to close this off, what would your reaction have been if...

And to close this off, what would your reaction have been if they did partner pediatric aGVhD with $50m and 50% royalty?
I would have said it was a terrible deal. You?

Once again, here is my view on the best and most equitable way to fund this business:

"I believe the best way of funding this company is for any issuance of equity to be done in a way that does not preference only certain institutional investors, but which treats all shareholders equally, namely via fully-renounceable entitlement offers."