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I would be happy to provide some additional headroom for them to be able use in case discussions get delayed but 100% of currently issued shares is a joke. If they are doing a deal as they claim they are then they will certainly not need the cash from circa 400m extra shares issued
Personally I’d like the board to confirm why the change of heart. If they were willing to strike the resolutions out 2 months ago what has changed since? I think the board have to understand that if they want us to vote in favour we are going to need more information.
If it was to a potential partner then surely they’d mention it in the rns? If they were at the point of issuing shares to said partner then the deal must be completed and so naming them wouldn’t be an issue. Imo this is for further funds, most likely as the legal costs of 401 partnership are higher than anticipated (as they often run into the high hundreds of thousands)
Hi Nomlungu, if rampers are trying to get back to their average to sell out then I think it’s effort in vein. Imo the sp won’t materially increase until good news drops. Holders should either continue to hold until news (whenever that might be) or sell. And yes I’m loving the sun thanks! Gla Geecee
I think align would have either been shown the val401 report or the progress with the partners. If they were shown the report it must have been in a reasonable draft leading me to believe imo it is possibly up to 2 weeks away from possibly being finalised and rns’d. With partners this could have just been a name on a piece of paper with the comments it’s going well so not too sure what this would indicate. Obviously just speculating here