Perfect timing, minimal dilution, down on good news9 Mar 2021 09:46
ARB already tested GBP3 at 52k last week. Today, at 54k, the share price is almost 20% below.
And all this only because of a "dilution" of approx. 3.6%? Which we knew would have come? Which at the same time brough 26.8 million? And which turned out to be far more harmless than one could ever ever have wished for only a few weeks ago?
And I'm sure that the original plan included a much larger dilution in order to bring in the required amounts. Some weeks ago, nobody would have expected that ARB would only have to issue so few shares in order to collect the necessary sums.
Perfect timing, minimal dilution, everyting paid, no BC wasted.
When everyone is done playing crazy, I expect this to test the 300 again.