The stockprice can be raised with a simple on market share buyback. There is a 6 month delays with the trial so they make about $20 Mill AUD $$$profit in 6 months so use it for a buyback while price is low and max benefit can be had. Reduce shares on issue and less shares to share profits with and it would also be a nod to corporate governance from the board that they are protecting holders interests, you know that thing which is top of there list of things to do.... everyone wins and still $100 Mill in bank to earn 0.5% on haha which PW thinks is importantOf course it matters if the share price is low. Claiming that it doesn’t matter at all is pretty naive. Paper loss and opportunity cost are bad enough, but should the company wish to raise money for large and expensive trials, it would be way too expensive now. Of course it’s better to be able to maneuver as a CEO than being castrated by shorts. Also, a high share price is free PR and serves to attract new shareholders, better board members and new customers. It’s simply better to be a success than to look like a failure.