RE: Fund raising and 25 million shares12 Dec 2020 10:45
The placing was obv very frustrating for holders who bought at higher levels.
Although there are now an additional 15% more shares out there (from Monday), the SP has obvs now dropped and stands at only approx 5% above that where they managed to raise 2 mil quid. Therefore you would like to think this is a good entry for new investors to buy / existing investors to add more, and that prices should go up again soon.
The company still has the same potential that it had last week before the placing, just now with more money in the bank due to high demand for shares. The newsflow timeline hasn't changed so i think there will be enough updates to come in the near term.