Game 1 - Guess the date of the next major RNS:-5 May 2021 08:03
Good morning Saxon and all,
Today's only hopeful is:-
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RailwayPete - 05/05/21
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Good luck Pete!
Last Night I posted a reply to PostmanPorche, a section of which was seized upon by 'TheMadSHORT' :-)
"That is my opinion, why else would you call for an EGM to pass a resolution that could be put forward at the AGM in June!"
From TheMadSHORT - Highlights from his post!
The only reason is to raise cash urgently!
No other explanation makes sense!
There will be a placing before the AGM, that much is almost 100% nailed on!
Well, of course, that theory would suit your agenda with your SHORT, trying to put WORDS in the mouths of the BOD by stating that a cash raise is a dead cert!
But we all know that currently, the BOD has ONLY stated that this newly passed resolution would HELP their negotiating position, SO the company is currently still up for sale!
I have not second-guessed their plans and most certainly do not state that a cash raise is nailed on, as you do!
May I bring to your attention this paragraph from the past RNSs to validate my view!
" In this regard, Eurasia is not planning any new share placings in the foreseeable future "
Now, the foreseeable future is a long time in my view!
So as I stated, I await to hear from the BOD what is the next UNKNOWN step going forward that could possibly strengthen their negotiating possition, when they don't need cash?
We will soon find out :-)
Good luck to the invested!