RE: Pie in the sky9 Jan 2021 20:13
Pecten,
the Company has today raised £4,846,579.90 gross through a Placing of 3,671,651,439 ordinary shares of 0.1p in the Company (‘Ordinary Shares’) at a price of 0.132p per Ordinary Share (the ‘Placing Shares’).
The Placing was undertaken by the Company’s joint broker, Axis Capital Markets Ltd.,
Going by this statement a total of 3,671,615,439 shares has been bought at a price of .132p per share. IMHO no person / organisation (who is not a charity) would buy something they did not think they could make a profit on,efore it is my thinking that whoever bought these shares looked pretty closely at our assets and thought is was worth the risk. Why else would they buy them?