The soonest Eu approval can occur is 1Q 2011 - if everything goes to plan. Asthings never get approved on time, shareholder can expect approval in Q2 2011. so a cap raising is inevitable.
They only get a small royalty on sales in EU, but about $A18m on EMEA approval. They have given away the biggest market (EU) and only get a small slice of it; but keep 100% of a smaller market (USA) - doesnt seem very smart to me...but what do I know!
good luck to you.
The soonest Eu approval can occur is 1Q 2011 - if everything...
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