There has to be some incentive for investors, in return for the risk. The sp has risen in recent weeks to a decent level. price of 62p is better than it could have been. The warrants at 93p are also an indication of RB/JM risk vs reward here. Imho happy it is sorted. Suits may have wanted this investment before scheduled good news. Just hope the reward for us pi's who have waited, is a fair one. Just a question...... do the warrants 'mature' in the event of a buyout anyone?
I still question the timing of the placement. Why now, if the EIA is imminent? Surely it would have attracted a higher placing price and less dilution, unless Mark does not think the EIA is that imminent and wanted to secure the money now before we possibly drift down again?
Yep.was an understatement.glad to see it out of the way before the likes of the pizza man came calling.I dont think it will take very long to reach the wRrant price.I think the rb investment is very encouraging and the best kind of pr.onward.share price not dropped to the placing price.onward and upward..
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