RE: Vague McVague and the Non Committals24 May 2023 17:02
Toffeman
You want me to make a prediction, a commitment to how I think this might play out?
Here goes....
The 0.3p options could point to good news on the horizon and a positive RNS would see a return to sentiment. Any spike will see the BOD take advantage and conduct a Placing.
For reference see RNSs dated October 4th and 6th.
Alternatively, another scenario could be those options were issued because there isn't enough cash to pay wages. Any rise expected from that options RNS hasn't materialised, there isn't good news on the horizon, revenue isn't meeting expectations and we are in the sh#t, needing cash and staring down the barrel of another cash call at 33% discount.
Let's hope I'm very very wrong, or at least let's hope for a spike and bail.