Should we enter phase 3....I have never owned a ticker that has moved from phase 2 to phase 3.
For those who have been down this road before, what are the likely next steps?
- Is dilution and a big capital raise to fund the next next trials normal at these stages?
- How likely is it that the government of canada continue to grant funds?
- Does it require additional headcount?
- Is there another step between where we are at and launch of phase 3? (announcement of phase 3 design parameters, and disclosure of what's needed for it to commence, for example?)
- Does the announcement of Phase 3 and the announcement of funds being raised come in the same press release, of staggered?
- Do we generally see a wave of volume come in, simply by ARCH now being taken more seriously by US investors?
I'd love to start a discussion around what risks would present themselves in the short term, that could be used against us in creating wild volatile swings in the coming months as we progress down this path.
Congratulations to everyone who has held on thus far.