RE:Round and round she goes, where it finances....I love T&A analysis, would this be available on TD Ameritrade too?
My guess is that we have about 3M in cash...when do we "top up" CV19 has stunted the "spend" for many clinical stage bios...as mentioned below, when we "ramp up" I think we burn more - IMHO ...as mentioned previously you don't roll into Vegas or Besthesda on "fume$"
Only a select few know......
Those fortunate to "BUY" at a time when this very public forum was converted into a "faux political site" are doing VERY well! Really a $hame the passioante push we are seeing now did not arrive here on the bullboard in the 20 cent zone ; - (
The question is of course are those with 18, 19 or even 22 cent CAD ACBs converting their shares into a nice profit?
You will know in a reasonably short amount of time.
I do not know the company well enough to comment on where the price will go and that is a "mugs game"... I know the TLT bulboard well enough to understand the current message being sent to readers and the amount of willing sellers is not matching the message.
If this is good...and my belief is that it just might be...people will want " more from it " before it leaves the station. I calculate about 3M in CAD cash at the moment. Burn rates for most bios are low as clinical activity has been muted during CV19. Once things ramp up again, money will be needed.