Well done Don for sure! Who would have though he'ed get a lone with minimal dilution.
It suggests to me that
- RVX is very confident about apabetalone being a success.
- Third Eye Capital is confident as well of success (potential of the warrants) or at least that the "security to be announced" will cover their investment (e.g. value of the IP???).
- Value creation must happen in a year.
It also hints of interested parties in the wings but the current risk is too high for them depending on the price Don wants and I believe his price range may well be captured by tada.
Great news and now we need confirmation by May 12 to retain liquidity.
Talk about taking it to the wire...what a squeaker.
GLTA
Toinv
