It’s crucial that the TO succeeds. The higher t

It’s crucial that the TO succeeds.
The higher the share price, the better chances warrant holders will exercise.
Samsung wants to become a shareholder of Cytodyn.
As Cytodyn is very much undervalued Samsung should not become a shareholder by means of issuing new shares to them (that would factually be dilutive for current shareholders).
We could have a succesful TO and Samsung could show their good will and serious intentions to intensify the bond with Cytodyn by buying shares on the open market. Thus being supportive to our share price meanwhile building up a position.

The same could be said about the potential Chinese partner. Although I’m not that keen about getting involved with China at this stage. It’s no proof and purely anecdotal but thus far all of my investments where Chinese partners got involved did not flourish to say at the least. There must be a valid reason for the China Discount on the stock market. Just my two cents.