RE: News ValiRx To Raise GBP1 Million29 Apr 2019 12:55
I'm assuming its the latter, Woody. If the BOD knew something then they would be able to get very good terms on short term equity. A bridging loan would have done it if we are expecting some bumper news. However, its unlikely that we are so we have to go down the route of giving away huge amounts of the company for relatively small sums. It all smells of desperation.