RE: Dilution??2 Jan 2020 18:54
i think you're being overly negative in your predictions, I for see at least 15p + on finance being secured as the sp is down at the current level as officially the company could in theory cease by the end of March this year, the chances of that happening are extremely unlikely but I guess the market has to price the sp going by what the current situation is which is that the company haven't confirmed that they have agreed a deal for financing but when they do then the possibility of the company going bust will be gone and everything will be back on track so the sp will reflect the change of prospects/circumstances, maybe I'm being over optimistic but this is what I believe will happen sp wise, either way we only have a matter of days/weeks to find out who is closer to the mark, if i am completely wrong then I will hold my hands up and acknowledge that, hopefully you people will do the same but I suspect you will just disappear and move on to your next BB which is fine by me.
Never underestimate what sentiment combined with news can do to an sp, we have seen recently how negativity and doom and gloom can drive an sp down but fortunately it works both ways!
Anyway at least we can look forward to Mr Fraser cutting the red ribbon at some point next year to officially declare Woodsmith mine open!