RE: Chance For 10p or to get Out6 Sep 2022 11:13
@porky,
Val can't raise enough cash through issuing shares for a lab unless the share price rises significantly, or shareholders vote to allow Val to issue more shares than agreed at the AGM, so we will not see your predicted low prices of 6-7p as we will vote against it. its going to cost a significant amount for a lab, so its either a raise using the shares voted for at a high price, shareholders voting for a much lower SP (probably won't happen), or VAL borrowing the money to purchase a lab as its already generating enough revenue to cover the loan repayments. (possible II)
that's my take on it,
but 6-7p, come on don't try to fool people, your more intelligent than this surely?