Trade desk20 Jun 2019 06:36
The company has stated the srk and the finance were unconnected, but it seems far fetched that a company running on fumes would hire them now. It seems like extra dilution for no benefit. Once the finance is agreed they would have been able to place at a much higher price at least double, so effectively srk would have been half price. If they are unconnected it seems very wasteful.