RE: GFIN placing9 Feb 2023 18:04
After watching the Gfin SP for quite a while I had noticed every time it got near placing price it got sold back down.
Remember placees have 1 for 1 warrants.
It had crossed my mind there was a possibility we were offloading near breakeven.
It's probably the best result under the circumstances.
However, we now have that cloud hanging over us regarding what was said prior to the sale, the reporting of it and whether AIM rules have been broken.
Then add in the £1.7M cash in bank which might include as much as £250K Gfin sale.
Perhaps today's turn of events with Gfin announcing an upcoming fund raise will force Epsteins hand to update shareholders officially on the failed JV.