Deal news.15 Jun 2022 13:13
It's not in the gift and against the rules for a CEO not to immediately release price sensitive information. The AGM is two weeks tomorrow. Dr D knows that there will be some very upset major shareholders if there is no deal and therefore no money. This tells me that, ATM, the prospective licensee has not been able to raise the funds so I'd be surprised if the CEO has any nails left. A placing has to be justified on potential and not simply to keep the company going if the BOD are incapable of teaming up with serious contenders with some cash.