IMO shares are not going up as much as it should because market is thinking that they can get in at a lower price through a capital raising. With a cash balance of circa $13m at the end of Sep 2017, and spending circa $2m per quarter, I can't see the company needing to raise capital in the short term nor wanting to at current prices IMO!
IMO shares are not going up as much as it should because market...
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