RE: Why the 'PLACING' header?13 Apr 2025 09:52
Investor, if we follow your logic and idea then we’ll all be diluted considerably, with no chance of buying discounted shares to mitigate such dilution.
They’ll never do it, but if MB and co bought shares on the open market, that would propel the SP much higher than it is now. It would probably mean they could then raise at 2p, i.e. £13m, a significant sum, they could absolutely be used to develop Heron and also help with any potential negotiations as we’d be negotiating from a position of strength.
As you say, it’s irrelevant. There wont be any director dealing and there wont be any raising of funds just from Petrovis as that goes against what MB has always said and done before.
Very simple - we need the signature.
Can anyone still not give me a plausible reason for PC delaying this, other than them negotiating a £1bn TO of MATD?