RE: +5%9 Jun 2021 09:17
sharegem,
How exactly can you assure everyone here that there will be NO placing this year?
Not all placings are bad, you know.
If they place due to little/no cash in the coffers, then yes, not good news.
But if they place for a rapid expansion, or a great opportunity, then yes, it would be a good thing, and the market is capable of understanding the difference.
Not agreeing with archie at all on the pump and dump (despite the evidence this has happened twice in advance of the last 2 placings), but no one knows what may or may not be needed over the next 6 months, and beyond, so I would not discount a raise at any time.
I would much prefer expansion and growth from cashflow which opens doors to other financing, but this is AIM. To say categorically that there will be no placing is foolish, imo, given how this is the primary source of funding available in this market.
For now though, would prefer to concentrate on the work in hand, and see the current activity progress to a successful result and taking the SP North and over the 40p level
gla