The smarter play would've been for them to secure one of these trials that are going on then raise more capital.
By the looks of things it sounds like the cash issue is hitting them hard and I am a little bit pessimistic as to whether the SPP will be taken with open arms from existing holders.
This really wasn't the news I was hoping for, deep in the red. Looks like needs to sit in the bottom drawer for little bit longer.
Ann: CCP announces Share Purchas Plan, page-2
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