RE: Placing12 Oct 2022 09:20
bemmacolli1 - optomistic, true. Unrealistic. Not necessarily. Time will tell. It is all debate on here. The RNS mentions board strengthening the balance sheet, strenthening and reorganising the board. To me, that indicates demands made by investors on his roadshow that they are making in order to invest. There will be some changes. Whether that means GB going (which I doubt) or whether that means getting a stronger CFO and better board oversight of GB, allowing him to stay on (my assumption), is to be seen. The revunues have been increasing and the skin side of the business is clearly one of great potential. Modern Water is going great guns in a world where their technology is needed. My optomism for investors jumping in is not unrealistic. Timing for doing that of course, is awful and investors will drive a hard bargain in these times that will not be good for present holders that includes myself.