Sorry I'm one of the sellers today. I have lost faith in the company to get the product to market. Rights issue just before latest announcement re back to start, new direction to pursue FDA, limited take up of rights by directors. Its almost if they knew there was bad news coming. Current cash will be gone within 9 months and any future equity raising will be very dilutive. On top of that the clock is ticking with competitors likely to get to market before TIS.
Taking one hell of a bath but it may possibly get worse.
Sorry I'm one of the sellers today. I have lost faith in the...
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