RE: My prediction for today:1 Sep 2022 10:29
Wolf,
You wrote:
raise of £250m to keep the lights on at 10p would mean an issue of 2.5bn additional shares (currently 1.373bn in issue according to LSE fundamentals), that's before factoring in what will need to be a massive enticement discount. It's just not an option on the table hence the D4E.
That is called signifcant dilution, worst case.
I can live with that, if the sp hits 10-12p.
You honestly think folks who bought at £6.00 will see their money? Err no.
With over 60,000-70,000 trades going through past few weeks, many, a high percentage will have picked up at these levels, or whatever they could, PI’s are buying, to average out, taking a risk, like many. If you are not. That is your perogative, your decision, your funds. Thousands have bought. I have gactored in a worst case scenario “for myself”
It states DYOR/ MY THOUGHTS at the bottom.....hello!
Drivel not dribble...;)