Wed, Apr 23, 2014, 3:03 PM EDT - U.S. Markets close in 57 mins.


% | $
Quotes you view appear here for quick access.

Oragenics Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • oldschoolbonedoc oldschoolbonedoc Mar 21, 2009 12:00 PM Flag

    Too much volume


    ONI needs a clinical partner to pay for the trials. I've been investing in biotechs since the late '80's and I've seen this play out. We can't afford another round of dilution. We need to partner SRT.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Certainly can't afford dilution at these prices.

      They could have funded phase 1b with the $2.5 million from Hawes in June. A successful trial would have gotten the buzz going again and generated much more investment/higher share price.

      Then, they could have raised money at say $1 per share or higher for P3 launch. that's hindsight.

      Maybe we can hope that the NIH picks up trial costs with $9 billion to them from the stimulus.

2.3684+0.0884(+3.88%)Apr 23 1:12 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.