RE: Transparent12 Oct 2023 19:50
CJ39 my current position even though it's very small is based on the bods having some integrity, I could be completely wrong and my initial assessment that they are a bunch of charlatans could be more apt. That being the case they won't even bother with a share dilution, they'll just milk the company dry and then shut up shop around this time next year. Huw has a track record of being a director of failed companies. I really think they would struggle to raise new funds as things stand and as you said, it will severely dilute existing shareholders value at these levels.
You may well ask why I've gone in again, apart from the technical analysis 3.02 gap, most holders have lost so much, they won't be selling at these levels so the share price should stabilise.