RE:Bellus Health Red,
I agree . Let's see management's reason for the bought deal and the timing for it . They already had money in the bank.
Let's see be patient and see how things unfold . I am sure management will have an explanation . Everybody else can make their decision afterwards . I do see short term pressure on the share price but depending upon the need for extra funds , things could change quickly .
Start of a clinical trial for thyroid , or application of orphan drug status for brittle diabetics from Fda could be positive . I am just guessing here .
Elgin