RE: Should..10 Jan 2018 08:16
Not sure.
The amount raised is half a years operating expenses which means no cash by June again. Quite where it goes, who knows - they did not even contibute to m2m pre listing fees.
What costs are there, the bod don't do anything apart from fire fighting massive debt - each co runs themselves.
No RNS on cutting costs, no RNS saying proceeds to revive Datatern.
All casting a shadow over MTFB - in short, the US shafted them and imo will continue to do so until this dire position is resolved and it may be badly.
They need a placing, but they won't as they will be diluted to hell.