RE: Fundraising27 Jul 2022 10:36
Of course there will be another fundraise. This is AIM and accordingly the share price can fluctuate massively on sentiment, as effectively happened on the last round of investment, where the increase in MCAP significantly outstripped the increase in the actual balance sheet value of the company.
If you are on of the companies trialing the amazing tower of power, then if you have a feeling that it may actually work, then how easy would it be to take up a subscription in the company under the guise of a fundraise (having already bought in at lower levels) and then announce that you might actually take a few of the things up, double bubble, as they say, uplift on the fundraise coupled with the uplift on the great news that's lapped up by the market, at which point you offload the shares bought on the open market, thereby recovering your fundraise cost, and make a profit into the bargain.
Yes, it will be dilution, and affect those who are invested long and strong, but it should in theory give the likes of Garonne an exit position.....my take is, if this happens, sell into the rise and then wait for the inevitable retrace and then but back in thereby reducing your average.
Might all seem a bit heretical, but it does happen, and regularly all across AIM.