RE: Fundraiser21 May 2020 19:02
The most recent comparable is probably XSG who raised at 0.50p when the SP was around 0.75p, the SP has never gone near the 0.50p, I think the lowest was 0.63p from memory and the SP is now quite happily trading at 1.20p and as high as 1.30p, new shares admitted to trading on 14th May 2020, about a week ago. The funding has been a major issue with the SP for some time, now it is resolved, it will be interesting to see where the SP goes, my thinking is down to around 0.35p - 0.45p briefly, bouncing back to 0.45p - 0.60p in the short term and then back up over 1p over the next 4 -6 weeks.