Don't get excited by Cantor Fitzgerald ...Think!9 Jan 2025 11:44
Global has raised £1,500,000 in aggregate before costs through Placing of 666,666,666 Ordinary Shares (the "Placing Shares") at a Price of 0.225 pence per share (the "Fundraise").
....... it is proposed that there will be a separate conditional retail offer to existing shareholders...to provide existing retail shareholders in the Company with an opportunity to participate in the Fundraise....
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How come of all the institutional investors that participated in the fund raise ONLY Cantor bought enough for there to be an RNS regarding it's holdings in the company?
Did other institutional investors reject this fund raise? If Yes -why?
Are they sick of the untrustworthy (IMHO) CEO and board?
Think!