How's Mark going to raise finance?17 Nov 2018 14:13
With the apparent closed period here,as advised by Mark a couple of weeks ago,I am struggling to see how an actual deal could be financed.<br />As this is main market listed the company can only raise 10% of market cap,correct me I'm wrong.<br />The only other way to raise finance would be through another Convertible Note,but if you look back in the RNSs the last£1M note holder got security of First Charge on one of the New York Wheel units,and as I see it has already converted,hence the mass dilution of the stock since last summer.<br />So now what security could Mark give to another potential loan provider.<br />So my question is how is Mark going to get the finance?<br /><br />