SP29 Jul 2020 12:21
If PF and Team had delivered on any of the many opportunities mooted since they signed Lungi back in 2012, the business wouldn’t be down here, simples.
He mislaid ‘several cusps’ last year, without explanation, and has failed to converted any of the burgeoning numbers of MoU’s and other MSC opportunities which are all years old.
As a result WSG has lurched from one funding crisis to another with massive resultant dilution just to add insult to injury. The see-sawing twixt sub nominal - and the fund raising requirement of nominal+, made the company an obvious trading target.
Tema numbers and Covid sales live under the same shroud that’s been ever present, for “commercial sensitivity” and I feel, conceal the extent of failure in their perennial quest to close a deal(s).
To suggest that the SP is due to traders (you’re listed on AIM Peter!!!) tells you all you need to know about accountability. Sign something - and spot the difference.