Dont Panic13 May 2014 13:57
Rumours of news must have been fairly true as the company have confirmed talks etc and the placing must be for a good reason, who would put up £400k without good reason.
They must be getting fairly close to a deal and have admitted being at an advanced stage, look at the facts as stated by the BOD, cash injection, new investment policy and changes to the board, doesnt take much to read between the lines and see what is most likely happening