Stock hasthe lowest volume for a year . No institution interest . it's frustrating . None of the recent presentations moved the stock . Why so much exceitment on this board regarding their research , and it's not shared by invesmtent community ?
what dilution are you 're talking about ? Did you read last 10-K form ?
They have over 63 Million in Cash , with Cash burning rate around 30-32 Million a year ( plus BARDA money) , they have funds for next 2 years . Of course, they will burn more money as study progressing , but still plenty of money for current year and beyond.
And what is the point to do dilution now when stock close to the bottom of 52 weeks price range ?
it was a nice article on Yahoo over weekend with evlauation of 2 companies by some analyst -OPHT and PTLA.( cannot find it now) He said PTAL has a very high cash burn rate ( they will be at 150 Mill at the end of 2015 , so he was assuming that offering will be coming anyway). But in anyway, he said , PTLA is his best bet in small cap Biotech companies . Plus, there is possibility that big Pharma will buy PTLA eventually .