Member Info for JRjnr

I’ll hold my hands up … will you?

I am not sure how I have sucked anyone in… I am advocating a placement price that is all… you are sucking people into buying in at a lower price that you think will transpire with a 47p placement… you seem to miss that the placement offer is only open to current holders…

Desperate man… I love it!!! I’m long term holder and I have added substantially in last week… all I have done is outline how a placement works… not harp on about averaging down…

More self serving codswallop based on you averaging down… institutions want to hold the market cap not average down like retail… stop misleading the naive… the chance to average down is now as the placement will restore correct market cap

Retail selling not institutions… not jesus pays much attention to LSE or your gaslighting

Surely I have said that at least three times… finally someone clocking it 👊

Wrong… the value proposition is not possible as the float is small… again your confusing mass dilution, nor are you understanding what happens if the raise is set at £1.35… if you have any institutional or capital markets experience that can actually substitute your propositions please feel free to add them… be honest you just want to average down🤣🤣… buy now and a big reward is highly probable

You may want that but as your messages demonstrate you don’t have any grasp of how these types of scenarios play out or the dynamics of the institutional relationships… your focus on averaging down is a gambler’s mentality, not how institutions approach this scenario. I think you and others are confusing a desperate fire sale/raise, which is understandable, but that is not the status quo… a raise at appropriate value that redresses the disconnect in true market cap will be a priority, and supported by placement at higher price.

I don’t think you understand the nature of the relationship between the board and institutional investors… both want the venture to succeed… the majority of investors will want to hold their proportion of ownership with room to increase ownership, whilst providing headroom… all the above supports a raising at a higher price… if they announce £1.35 what do you think is going to happen to share price? demand at current price surges, and as there is little float share price recovers, institutions hold their ownership and can move to next stage

They will participate at a higher price because the share price will then adjust, as the float and demand synchronise

No… the CEO said price based on share price prior to announcement… it’s a placement not a raise… it will depend on institutional appetite and what will deliver the capital… all this talk of it will be based on current share price neglects to consider that institutions that have backed for a decade will have a big say in the price and dilution, and were undoubtedly sounded out before egm

Utter nonsense…

It will be based on price prior to announcement as stated…the critical factor will be what long standing institutions will support and them agreeing to fill any gap left by retail…

Casey you keep rambling with your spurious short show shenanigans 🤣🤣

No… once egm passed they have authority to offer 80m…with support it is more likely to be 30m at £1.32, subject to majority institutional support…

Take a rest Casey… give yourself a chance to conjure some more magic… or at least refil the tanks for some more gas lighting… if I was pumping I would be claiming £1.70 raise… but even I accept the probability is a discount… ultimately if the maj of fund’s currently backing faron support one more year and another 40m its highly unlikely to be that much of a discount… but a discount does give them opportunity to increase holding if retail don’t take up their allocation… as the times indicates £1.35

As my earlier post pointed out significantl shareholdings cannot buy at 54p… there is not the liquidity because of a small float.

You have not engaged in any of my factual points because you are running an agenda…

Hold strong genuine holders and disregard the gas lighting

Your calling that based on the potential quantum placement and deliberately disregarding three facts:

1. The price cannot be set until after the egm

2. The CRO has stated the price will be based on closing price of £1.70

3. Not one RNS advising an institution has sold

Yes… I think the major shareholders have been sounded out, otherwise they would have gone for debt financing… I suspect the current institutions wanted to maintain their proportionality and therefore the risk was too retail, who will suffer if they cannot take up the slack… the opportunists identify the small float and arbitrage and will do very well…

No… £1.25-1.35

I have bought 70000 in the past few days…. Can’t wait for the rerate, funding and next stage

Indeed… when the board references evaluating all financing options it seems probable that institutions were sounded out on raise and at what SP… this has dropped like a stone because of the float and retail sells… this is an amazing arbitrage play 👊

I think the stock has a very small float and the wording on the raise has been misunderstood… support with institutions to set price is definitive… you will say they can buy at 50p but they can’t in any real volume… therefore if the CEO can get support at £1.25 it’s a done deal…