RE: new Investor Question added yesterday14 Mar 2021 13:19
Angus is the guarantor of the full £12m,SFE is only helping to service 49%. Guess who's door they come to if the loan doesn't get paid. If the loan falls through and Angus issues shares to cover £12m the sp would drop by 2/3 min. Market cap 7m with 900m shares already,no loan= sp .03 - deduction = .02 =3600m shares. SFE will still own 49% whilst Angus shareholders get diluted for 51%. This is only my opinion to stop liquidation in the worst case scenario.