RE: MM purchase15 Mar 2021 13:09
Atlas still have £600k worth of CLN outstanding.
Masterman buying the shares on the open market should inspire some investor confidence, but does not make any difference to the cash in the bank situation Wasp. If WRES require a cash injection they have $3m still available from Atlas, but that should be last resort. maybe they have acquired a new source of borrowing that comes without the penalty of CLN's. Maybe in order to secure it, Masterman had to put some more skin on the table.
I think there will be further news soon. (good or bad)
OMR - Bloooo !