They have no money for anything, they need to get cambray going then use that to fund future drills, if they go back to the market it will be death by dilution
Don’t think anyone is happy with this share performance but I bet those who took the ipo and are down about 70.% are fuming. The directors need to steady the ship or walk.
Kids in Liverpool have discovered that a drop of fruit juice on the test strip of the crap Innova test produces a positive result . And our while track and trace system rests on these tests
If those time scales are correct no fund who took part in the placing will hold for that long, as soon as the price goes up they will off load stifling any rise until the next wave. Bottom draw for these now
Don’t think anyone is suggesting they are being sold at a loss but when the price rises above the placing they will be like all the rest. If they were going into sticky hands the notification of significant holdings would have been issued via a tr1