Binary/Funding10 May 2019 13:54
I'm out but decided, on balance, to keep tabs on this RTO process by way of learning for the future. Although the RTO may be a 'binary option', if it doesn't take place within six months my understanding is that the company can seek readmission to AIM as an investing company provided that it can raise £6m. The RNS also stated that 'The Directors may seek further funding for the Company following the General Meeting, subject to any necessary resolutions being approved by Shareholders.' So plenty of risk around the likely need for future fund raising is my novice assessment. Seriously not deramping as I know you guys are taking that risk and I do wish you good luck. But worth keeping an eye on potential downsides