After years of holding this stock I want the quick
Post# of 72440
(Total Views: 797)
Posted On: 09/23/2017 10:05:50 AM
After years of holding this stock I want the quick rush of partnership money as much as anyone. I simply don't see your fear of the shelf/Aspire in the same light even if we use it as the primary funding vehicle. Dilution isn't really dilution if your valuation grows faster than the dilution rate.
I think what will actually happen is a combination of the two. A deal with a small upfront to get a little more cash and juice the stock to an up list. Then Aspire and the shelf will be tapped at much more favorable prices (much more attractive at $5) to do advanced trials.
Now, if Prurisol results are good enough to yield a $100M+ upfront we probably won't be worrying about it at all.
Go IPIX!
I think what will actually happen is a combination of the two. A deal with a small upfront to get a little more cash and juice the stock to an up list. Then Aspire and the shelf will be tapped at much more favorable prices (much more attractive at $5) to do advanced trials.
Now, if Prurisol results are good enough to yield a $100M+ upfront we probably won't be worrying about it at all.
Go IPIX!
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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.
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