RE: But a lovely £10m+ in debt that cannot be serviced11 Sep 2024 08:42
The elephant in the room is clearly the debt situation (around£7m) the market seems to be telling you that a placing is upcoming, we all know that AP has no qualms in diluting, the mystery surrounding the 'Swiss investor' remains, it was very interesting that no mention was made today in respect of debt, funding or any numbers provided.
As I mentioned yesterday this stock is a traders dream, until debt is resolved the stock will remain for traders, you cannot invest without sound financial criteria, will there be a another £400k/£500k placing, has to be more that 50% chance IMO.
Let us see how this plays out.
DYOR etc.