RE: Castle - βThe Whitesβ23 Dec 2024 23:08
Red,
It's not a slight at the board really, to say no one knows. In reality we don't, we can just look at what's happening within the company and the stages and make educated guesses from everything down to the financials and invest accordingly.
They shouldn't need placings, but unfortunately running things through periods takes money, unless we receive funding which i doubt, a private investor joins but White's will provide an offputting scenario. Unless we are receiving orders right away, or cash upfront. Then shareholders will pay the price, by simply making more available to raise a certain amount of cash they think they need.
It may even be at market, but yes likely 20% but will look to raise SP and shake tree a little first