Near term impact on price
Am I correct that the buyers of this new block of shares won't be able to sell for 4 months like the previous PP that was just announced. If so then it doesn't great new shares that will suddenly appear on the market. I guess it takes away some of the incentive for people to buy at current price as they can get some of these new shares plus a warrant.
Am I correct that people think it won't change too much and the price will hang out around the current level for a while till the next clinical trial announcement of some kind?
I like that it will give RDW enough cash that if he start some JV negotiation it won't be from an apparent position of desparation and low cash.
Thoughts?