Yes a placing is a worry, all AIM companies are very risky. I just hope profit margins improve and the cash held increases to offset any need for a placing unless the BOD get greedy. Like the old saying `there's no bad company only bad management`.
Vast is very cheap at the moment, I've just averaged down from being over 90% down. With results coming in I'm pretty confident of a rise in the sp over the next 6 to 12 months.
I`m looking to buy between 120 and 130p depending on news( summer bookings, consolidation). I won`t be surprised if TUI offer a shareholders a buy back, at a discount to repay the debt.