RE: Microfluidics Licensing?26 Oct 2022 16:18
To be fair to Bantham, he's right in what he says. It's just what he says is very unlikely to happen. But hypothetically if in the next 18 months nothing has happened with the 20 companies they are talking with, and nothing has happened with Abbott, even though we have already been told that talks are progressing well. But if everything falls through then we will have fund raising as very low levels.
But surely the same can be said for every single company out there. It's just about what is likely to happen, and in all likelihood we will have some more commercial deals at that point, which means if we do need fundraising it will be significantly higher than where we are now.
We know that any day news could come of a commercial deal, and when it does whether it's tomorrow or 6 months from now, we know that the price will fly. It's happened before and it will happen again. The only difference is that once these deals start coming in, we are on the path to profitability and that means a much higher and sustained price.