RE: bladey7 Jun 2020 12:21
Blades, my interpretation, at the time, was that avacta had the funds to pay the wages and the running costs for the next 18 to 24 months. There was no indication that this was at max capacity. There is a concern that the expected to be soon sales would provide that cash boost, and increase the sp allowing for a raise at a lower dilution, in which case why now? There have been reasons put forward, some of which are financially technical enough for me not to understand, some of which make a little sense.