Now PFP have all these shares back, all future cash raises won't dilute existing shareholders. Price should go up nicely on this news, what a great position to be in. Well done BoD. Oh yes, and it also means the fall-back position the General had has been taken away from him so his old win win battle plan has gone up in smoke. A double piece of great news. GLA. There is movement in the right direction.
Extract 'The effect of the Orders for Sale is that, unless the Defendants pay to the Claimants the amounts set out in the Costs Orders plus interest (totalling in excess of £1,400,000) (the "Debt"), JVC's and Mr Cavaco's shares, or sufficient of them to discharge the Debt, shall be sold (the timing of such sale to be at the Claimants' discretion), with the proceeds being applied in the first instance to satisfy the Debt. '
disagree - just one example at red rock a guy called danilel skain put in over £100k only to be diluted to oblivion - seen it happen at many other shares too and why the cloak and dagger surrounding this rns - no need for that at all imo
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