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Post by nemzter on Nov 27, 2013 14:42:23 GMT -5
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Post by MnkdMainer (MM) on Nov 27, 2013 20:56:11 GMT -5
Anyone concerned about more dilution of which this is just the tip of the iceberg? My concern stems from the lack of any stated expectation of partnership before the end of the year or even before approval. Previously, I think Al said he EXPECTED a partnership before the end of the year. Matt has made clear that Mannkind wants a partnership well before approval so they can hit the ground running. And yet he has said nothing to give us any confidence that this will happen. Without a partner before approval, it seems that more equity financing will be necessary. I think the current price reduction is fully explained by the dilution from the warrants.
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