(Total Views: 596)
Posted On: 07/08/2022 11:27:59 PM
Post# of 148899
Re: chazzledazzle #126148
The share price was substantially higher at the time of the last raise.
At current SP, 350M shares at .43 raises a lot less cash than the 200M could have at the time it was approved.
I have come to believe this is an all-or-nothing investment.
Leronlimab will either fly or crash. I believe it will fly...and then soar... which is why I am a Long.
Management needs the flexibilty of funding.
With any luck, most of the additional shares will never be needed.
Approve the shares and don't look back.
At current SP, 350M shares at .43 raises a lot less cash than the 200M could have at the time it was approved.
I have come to believe this is an all-or-nothing investment.
Leronlimab will either fly or crash. I believe it will fly...and then soar... which is why I am a Long.
Management needs the flexibilty of funding.
With any luck, most of the additional shares will never be needed.
Approve the shares and don't look back.
(11)
(0)Scroll down for more posts ▼
