RE: Big project24 Jan 2026 16:44
“£9m at 3.45 is likely plus £0.725m due this quarter from Gillini”
Is this supported by any RNS ?
What is actually confirmed £2.925m raised at 2.25p, not 3.45p.
It is pretty obvious that the ca. £9M factors in the assumption of full Warrant conversion. 1 for 1 at 4.5p. A lot of 'loot' and only modest dilution it could be argued. The numbers stack-up if the rationale is uncertain !!
Going to get interesting here