RE: Scancell Twitter7 Jun 2019 12:30
Morning,
Not to open up the discussion about funding again but we have been told that the funding (£8mill+ ) raised last year was sufficient to start the combi trial and Modi trial but not to finish them , they also stated in an interview that it should last into 2020 , we are half way through 2019 so any possible raise in May or June is a tad early imo even if the Bod do raise early ! If we do not have funding sorted by Sept / Oct then yes the likelihood is we could be faced with some form of dilution , however with our combi trial starting in a matter of weeks plus a potential licensing deal coming from Biontech anytime I am still in the frame of mind that the funding will get sorted in a manner that share holders will be happy with .
Yes to date we have raised funds in a dilutive manner but past history is no indication of future performance.