RE: Are we there yet...23 Feb 2024 14:16
Ice, a serious and definitely not FUD answer. We know Avacta are having serious conversations with interested parties. Licensing, JV, and TO are all possibilities. If they’ve also negotiated a placing BUT at a good price per share, not a bucket shop offer, then it gives them financial resilience going forward. It de risks the business, and allows negotiation from a better position. We know Pharma research is expensive, having this buffer in place makes sense. We also know how much further along the AVA platform is since the CLN. Far far more worth in the IP now. Just a thought.
GLA, hope we’re all heading back the way we should be. 🤞🏻✊🏻