RE: Arm chair trader review5 Jun 2020 21:05
Banaman, "
To this end, the net proceeds of the Subscription are expected to contribute towards the manufacture of AFC Energy's largest EV charger unit with a nameplate of 160kW to support demonstration and commercial activity in 2020"
From the January RNS. It says contribute but there was also the Covid raise to bolster the finances. I would like to see why a further raise would be needed but the the wording is wooly.