RE: Commodities5 Oct 2021 15:18
Contango dont have debt, as the £1m zero interest loan note provided by the directors at 6p is converted in to equity next year.
Also £500k+ and counting have come in from the warrants being exercised.
The directors /large holders are self financing this company in a supportive manner which is very rare to find on AIM.
Sadly these newbie traders expect a bag overnight, dont understand what they bought in the first place then sell at a loss two days later when it doesnt move. Theyre getting taken to the cleaners at the moment