RE: Equity raise is imminent and sort of19 Jun 2025 14:18
Shami..it's interesting that the SP is now at 4.5p,which would make it impossible to get a rights issue away...The company is saying they will make high single digit millions in profit this year,so going bust is unlikely..£32m in debt that has to be renegotiated by October..l think creditors will take shares in lieu of interest payments and debt maturity extended..