Nigel Wray13 Nov 2015 12:46
With Nigel Wray now investing in here, the debt cleared and a invoice driven debt facility to help with growing the business oh and a new strategy into other geographies and products, I think R4E is very well-positioned to move forward now.
That said, I must imagine this will definitely hurt for existing holders who have bout at a higher price and also to see significant shares in issue. But, a good quarter of the shares is with Nigel Wray and I suspect he isnt selling anytime soon. In fact his help and expertise especially the strategy devt into technology cannot be sniffed at imo.
Remember AIB are replacing 5m debt with 1p warrants that can only be exercised at 5p - so they are confident.
This looks a very interesting and attractive play now for any new shareholders to be interested in it. Will watch with great interest.