RE: risk28 Jul 2018 16:37
Personally don’t see to much risk here at all.
The market cap is still only £2.2m, if Vin Murria Doesn’t take a seat on the BOD, ohh well, it’s a shame but still have world leading tech and at ink £2.2m MC.
If Vin Murria does take a seat on the BOD, I highly doubt she’ll have any trouble getting a new nomad (already in discussions with multiple nomads) they’ll virtually be begging her to take them, not vis Versa.
Secondly, we are lucky she even wants to invest her cash here for an equity stake! I would happily gift her shares for free to have her on the BOD here, but she’s happy to pay her way, between 2.5-5p, my guess it’ll be at 4-5p, but either way, even if at 2.5p who gives a **** it’s going to be in sticky hands and we’ll have Vin take a seat on board, that alone will be enough to rerate this!
It really is a bit of a no brainer at £2.2m MC - £10m MC would be 37p