bought deal why?This new financing is not a sign of good news. They are signalling they need money for another half year at least.
Why or how this is going to lead to a delivering value for shareholders, which is all they talk about on the calls other than science progress, Is very unclear at this point.
Obviously we have a board that is responsibile to us, and they must have approved it, but the line of reasoning relative to previous statements by the company is completely misaligned.
And yes, someone sold off 875K in a block a few days before. How does that happen? Is the company investigating insiders? Is the company investigating its financiers? Who sold and bought whrt ?