RE: Bizarre fund raise comments22 Dec 2020 12:09
Posting about fundraising is standard procedure for day traders, shorters, those longs that just sold some and want to get back in lower, they see it as a psychological game, playing on the fears of investors that don't understand the company financials, those that bought in without doing any research, etc.
As I've posted on every instance of this attempted market manipulation, AFC raised £30m this year, cash burn with no income is less than £3m, and the money covers everything that AFC had in the pipeline for the next 12-24 months. So no chance of any fundraising for at least 12 months, and only then if demand is so high that expansion with regional assembly lines is required, and by then the share price will be £'s because of that demand.