Jun. 25 at 3:33 PM
$NWBO Third straight week with no dilution. That’s hard to ignore.
If management believes a major catalyst such as UK approval is near, holding back on issuing shares now could make perfect sense. Why sell at depressed prices when the same shares could potentially be sold later at a much higher valuation and with far less dilution to shareholders?
No guarantees, but the lack of dilution may be signaling confidence that better days could be ahead.