RE: Good RNS cash until 20259 Sep 2024 09:42
Looks like a good idea to extend the warrants in INC. They then continue to hold the £691k that they would have to spend on the exercise price. The rational is correct to extend the Warrants. The company now has enough cash well into 2025 and when it does a partnering deal and gets more cash it can then exercise the Warrants. Lots of positive here and I like the idea that an expected cash injection is being mentioned as the company sees a possible future deal. The company is now a better company than it was last week, with a very robust cash Runway. The company has no plans for a placing. This is a boost and a good chance to buy. Then a wait for news from AVION and FDA news. Good buy with worries of a placing receding. Happy with this. Glad I topped up a few times over the last few weeks.