RE: RNS out30 May 2023 07:29
Of course the company will say this is just a precaution, just in case. It needs authority to issue shares. The reality is when they have this authority they will certainly use it. The company cannot seem to make enough profits and it makes money from issuing shares. So it will issues shares to pay off debt and then issue more shares for its expenses and wages. There does not seem to be a business here.