RE:RE:RE:RE:RE:RE:RE:$150 million Shelf Offering just registeredI'm curious, SPCEO, what would be YOUR good/better/best share price for a new offering ... when it haappens?
-LT
SPCEO1 wrote: Reiterating what I said already, a shelf offering is an offering that sits on the "shelf" until they actually need the money. They are not raising money right now.
scarlet1967 wrote: palinc2000 wrote: Remember a few weeks ago when Luc said TH had enough cash to fund the small Phase 3 trial!!!
scarlet1967 wrote: They don't need that much even if they get the approval for Nash hiv application, they haven't even start the communication with authorities.
Why do they need $150 millions?
I wish they could share more with investors, we have no clue what's going on.
I remember clearly when they did the webcast for hiv Nash one of the questions was the structure and cost of the phase 3 and the answer was 15 to 20 millions for two stages total 40 millions and they also said they can fund it with money in the bank and future earnings.
So again before even talking to authorities and get the application approved why try to raise money? Mysterious as usual with this company.