RE: Market11 Feb 2019 17:28
I keep seeing placing mentioned in connection with AAOG, despite it being ruled out recently.
The Turner Pope investor event is often cited as 'proof' that a fundraise is coming.
The previous Turner Pope investor event, in December 2018, featured the following:
EUA - no placing since
EUZ - no placing since
WRES - placing prior. No placing since.
Previous to that was:
ORR - no placing since
AEX - placing SEVEN months later
CLNR - placing prior. No placing since.
Today's event features:
BRD - placing today
TRP - placing in January
AAOG - placing in January
It doesn't seem to me that history actually suggests a placing is in the offing. And, given that the company have recently been at pains to suggest that there won't be one shortly, I reckon it's worth giving them the benefit of the doubt.