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But surely there’s no rush to buy here now? The word is out they they need money
Not easier to work cash elsewhere?
The problem here is they were wanting to raise, that implies they need money
Until that money is raised there will be an overhang now on the shares
So Bel is stating it’s not him, if this is the case then apologies to him.
Who is it then? Someone clearly has a lot of shares and wants out
Looks at delayed prints.
Someone instantly on the bell selling 3x 200ks. That dodgy dude Bel is one of the largest holders here, he will want out imo or buy back after the placing
Seller (Bel?) will use the liquidity to try and get out
Wow, who advised them on that release
Someone should ask that Bel dude if he has his full allocation, has he ever or has he recently been selling his ROQ shares? I’m not convinced as aim rules are so pathetic
They hired for a reason, this chairman can raise cash in the markets. But when he does he hands out warrants left, right and centre l. It’s coming here but some
Of you just don’t want to acknowledge it
Some here got spiked unfortunately
Management have been a farce from the start
I think some have their heads in the sand here
Crta are burning cash and we know their cost base is greater this year than their cash pile.
If they are smart they will try to get a raise away now instead of allowing the shares to drift to 20p and then dilute
I’m not sure why R Griffiths. He has called this badly wrong
Basically costs ahead of cash pile this year
They should raise sooner than later basically… otherwise the shares will be decimated
Some balance required here
A lot of things can go wrong between now and December, besides operating in one of the dodgiest African nations. Takes faith to buy and hold
Cash cost base to be $23m…
Will they need to raise more cash then?
Wonder if the shares will open above 50p
Looking a little exhausted