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Cyclacel Pharmaceuticals, Inc. Message Board

  • vjpj1110 vjpj1110 May 16, 2013 11:24 AM Flag

    Big dilution

    BY my calculations the new offering (6.66 mil shares) represents about a 62% dilution. Of course they're getting $20 mil. But they continue to burn through $ and if they don't find a partner or have a successful trial and soon shareholders will be diluted away to next to nothing.

    Sentiment: Hold

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