Fab opportunity27 Feb 2024 11:25
Probably the best time to buy for a while. Funded with anticipated news flow makes the current cap look like an opportunity.
Once the placees get their shares we can expect a real ramp. As shard did the book build we can add 6% on to 4p just for their break even price and I bet they want a lot more, as I am aware a chunk are sticky.
Director options are 4.25 which implies that they believe the price will be way north of that.
Those new or reinvesting have an opportunity to get in at a decent level and with funding sorted it eliminates some risk.