It appears the floor is set at at about 2.9c and 3.5c for the medium terms.We do have to pay big money for engaging a few capital and corporate advisory specialists in OZ and in the US. I like to think they are doing their job on this CR. It appears the main purpose of this placement is to establish a strong instos present and support for the US market. The cash comes with it is the bonus to extend the runway to end of 2020 to complete those major clinical trials. Like it or not, I suspect we would swallowed up well
before then.
Ann: Immutep announces US$5.2 million capital raising, page-17
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