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Just a quick comment on ReNeuron (LON:RENE). I agree; a large fundraising for a loss making share makes a lot of sense as it de-risks it in a large way. However; in reality this partly reflects a different risk appetite of UK institutions vs US. Until two years ago, ReNeuron (LON:RENE) was doing fundraises in dribs and drabs (£5m here, £m there). The board and…



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