RE: Biotech fundraising10 Feb 2022 09:23
@Jim,
fair point, although i doubt THx will be funded by retail investors, its more likely funded through defined finance channels they currently have working relationships with, (Private equity partners) and not listing THx on the open market, and subsequently not relying on share issues to the open market to raise cash, but only time will tell.
the other point i'd make is that the dozens of companies referred to all lost value following the IPO's, however VAL have seen a sustained growth over the last 2 years in terms of Market Cap, even though there is still along way to go to get to what i believe the true potential of AL is