RE: Dilution22 Jun 2019 11:15
Morning ZinzanNo8
I agree that the SP has been eroded over the last three years.
My holding has an average price of 12.5p because I invested before TRX bought Cellright. That was a very positive dilution as far as I'm concerned. I also agree that the share price will hang around the 5p mark for a while, unless we hear some very positive news on new markets, new contacts or a deal.
What I don't understand is why you are saying TRX will need to raise funds at 4p. They have just put in place a comprehensive loan package that will meet all outgoings well into the time where the company makes money.
Also, where in all the recent news does it say that the sales targets have been reduced, I can't remember hearing that or find a document that confirms.
If you could let me know where to look I would appreciate it.
In the meantime the Woodford debacle is causing mayhem in the share price of many companies, it will persist for a while but it is causing a distortion in the true value of Tissue Regenix.
All just my opinion and as is always said please do your own research.
Chester.