How much dilution will we have during the next 12

How much dilution will we have during the next 12 to 18 months? As the drugs progress, the company will need to raise capital to scale and I assume that means some big rounds of financing or private placements (PP). Unless Leo and Menon decide to sell very early, we'll have a situation like what just happened at IMUC. It was trading around $3 then did a PP for 20M and the stock got crushed. It will come back as the science proves out but it's been a tough ride in the short term.

I think we get diluted by up to 25 to 50% in the next 12 to 18 months. Still a potential for a big return but I think the company will have another 50M shares that we need to consider in calculating our return and its market cap.

It should be an exciting week ahead!