RE: RNS this morning19 Jul 2022 17:28
Nothing to do with conserving cash dropside. Even the board haven't had the chutzpah to come up with that one! The amounts are relatively trivial so if an AIM company is that illiquid, there are deeper issues than just share issuance at the company. Have a closer look at the relationship between the board and those who are issued shares and you will find why they choose to do it. Though I expect they would issue them to the AGM milkman if they could , the milkman is probably not trusted as he is outside the golden circle. They will continue to issue shares to this golden circle no matter what we say.