RE: On the way up!!16 May 2024 15:32
Yeah true although placees would buy with a 5% charge at 4p and lose 1% when selling which means they need the price to be 4.24 for breakeven. Personally, I think those that took the deal would want more than b/e especially now we have confirmation that things are looking significantly better and ceo has said price is too low,
The risk has been significantly reduced. No negatives, cashed up through 2025 and no plans to raise after that period, sales getting better each month, expecting huge growth, and previous bed n butter businesses have vc coming in to move them and us forward alongside the new and improved diversity of orders with big companies.
Also validation or new contracts could drop at any time. All in all I think this is now priced way too low and the market will correct this,