RE: Retail Offer31 Jul 2023 19:45
I posted this FOUR days ago, and was laughed at.
This won't be the last time.
Amazing that Lawrence made the £650m cash raise deeper than it had to be, to buy millions of shares under £1, then sell them recently at 3 times what he paid. Now another cash raise, but retail holders cannot take advantage of the discounted shares. But Stroll and chums can take advantage, with their huge profit from the last cash raise. But Stroll is still treated like a god.
You couldn't make it up.
I told you so.....
c2645sg
Posted in: AML
Posts: 3,047
Price: 375.80
No Opinion
RE: 2nd Resistance Point28 Jul 2023 10:00
All the people who attacked me for being right are now selling up, haha, priceless.
-AML admit to needing £2bn investment required over next 5 years: £1.8bn Capex and £200m cash to Lucid. That’s £400m per year.
-£1.2bn in bond debt needing dealt with in 2025.
-£140m required to pay Mercedes in 2024.
-Payables of £800m due (to suppliers)
From a company turning through cash at a rate of roughly £350m in 8 months.
Smoke and mirrors. Cash raise coming soon, be wary.