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I didn't hear CF say they will do another placing at all? I am sure he said IF they were to do it again, they would give retail investors a much bigger slice. He also said of the last placing that the II that invested are not pump and dump outfits, I believe the good news rollercoaster starts today!
They’re not going to raise again and they didn’t want to raise more as they don’t need it. It was a General discussion about the raise and CF said in hindsight they should have given more to the retail investors and if they did another raise they would. They got more than enough money now so stop trying to suggest otherwise. The revenues have started.
Well if that's the case, for once I agree with you...
To be clear Northseatiger, I understood that to be a hyperthetical situation where they could redo the last placing in a different way.
I expect that in the near term the company is going to start generating serious cash and in the medium term there is a much higher chance of a dividend than a placing.
That's correct sparkington. He also said it again later in the talk. Most people on here just like the ramping talk, if you air caution or suggest otherwise your ostracized. I've got full faith in CF and believe he will over deliver but I'm always wary of things not going exactly as planned.
We can clarify when a replay is put up, but I think it was a discussion about the last placing that has confused a poster.
Cathal said he had underestimated the appetite for Primary Bid and if they were to do it again he would allocate more to retail investors.
Just to clarify something that was posted earlier in regard to CF's presentation tonight...why the fcuk would he supposedly mention another potential fund raising when we've just raised £12million, plus more cash is going to be rolling in from various sources and there's potentially £100's of millions tied up in the Imutex JV....was that just CF rambling again or is he losing the plot...?
Someone post a link please
Any ideas what the share price could go up to by end of year?
y can’t anybody see past the trees
that was a great talk tonight
more to come
run forest run . he achieved everything he put his mind to right place right time . and don’t forget
( buber shrimp ) ??