I don't think that there will be another financing below $5.00. In fact, after unblinding, I would'nt be surprised to see the next (and last) financing around $10.00.Maybe I'm wearing rose coloured glasses.
Attn All D'Bags: Your logic (or lack thereof) regarding financings is retarded. There is only one way the S/P is above $10, with positive interim data on the PIII H&N. Now, once that is released and efficacy in treating mets is proven, it's game over. We sell for between 15 and 20 bln. There will be no more F'n financings. BTW, I feel bad for you frenchy. I have been following this for 6 years and I know you were old when I started. You will likely croak before you really get the chance to enjoy the spoils.
here is how it will play out. BT will unblind the PFS but withold the survival data by saying it still has to mature. The investors in the next raise will then have the prospect of being rewarded with good survival data in June/July when the median OS for REO is established.