RE:“ up to “ …means just thatHello Canadafan
Awhile back, you commented on how, even if Oncy was close to a licensing deal and/or a buyout, they would still have to maintain the posture that it might not happen. Understood. The offering follows with that thinking that they have to be prepared. Perhaps also, they may have a pretty clear indication that none of the presumed suitors, are gonna dive in anytime soon. Also, could Oncy be preparing to go it alone period? As far as the size of the ATM 50 million, you don't pursue a line of credit amount that would take you halfway to completing a project. They would also want to show prospective bidders and the market that they can finance it alone.