Mini they’ve got a RBL facility for 5m or something similar from memory, as the ceo said they didn’t want to be backed into a corner by the market by equity raising, with increased flow rates comes increased RBL facilities imho
Peel has gone long on TRP and are supporting the share open market, they participated in the raise also to the tune of £1/4m one can only assume because they see fair value way north of here. Virtually placing price now, Newlands must be on the dregs, load up time imho.
RE: David Bramhill - disgraceful no lock in period27 Nov 2019 07:53
For those of you looking for a top up, wait! Settlement is on a T4 here so leveraged placees will have to sell to cover the trade regardless, next Tuesday/Wednesday is when we see the bottom imho. But Goodluck whatever your strategy