It would be great to see Barry taking up his rights.
That would be a huge vote of confidence from someone that knows.
If Otago Uni did that would be great news, as they wouldnt be usual
subscribers.
They would only subscribe if the light at the end of the tunnel
was shinnig bright.
The amounts however for the rights are quite alot eg Barry Richardson around $120,000!
So understandable if they dont subscribe for all.
I have wonder about that as well whether Otago Uni would sell,
maybe if the purchaser could sign some research and development with the Uni ?
It will be an interesting few months, i think the odds are pretty high that they will try and spike the share price before rights issue closes!