RE: Trap set and done7 Oct 2024 17:29
Look, a company only exists on AIM to raise money, as much as retail punters don't like it, that is the whole point. Now if they can't raise enough because of the appalling share price and inti's won't stump up because of trust issues over multiple past failures, then it's curtains. It'll go into administration and get bought out for a song by any interested parties. The Komodo dragon bites it's prey and then just follows it for days until it dies from the salmonella in it's saliva. It then feasts on the carcass. Any interested party will just be sitting by and waiting for the death spiral to conclude before making any move. Purely my opinion, but unfortunately seen it many times before. This isn't the first time the bell has been rung for last orders. Just look at the chart. Traders will have a punt down here and give it life for a day at a time. But unless they can perform a miracle then...
Strictly aimho, dyor and wipe your own r's