Positive end to December15 Dec 2023 16:31
So, just two weeks to go and then we are in 2024
First positive news will be the exit of the TSP. The business has made it clear. There is enough cash available to do this, and I am sure news will arrive very soon
Much talk about a placing. All we know is that the business has said there will be a need to do a fundraise in the near future. I have not seen anything to say that they need to do a fundraise To maintain the business as a going concern. The fact that the business has headroom to undertake a fundraise means they can get on and secure new business, or secure contract with current customers like Tarana. I still believe a funding RNS will include a contract, stating what the fundraising is for.
Many were predicting that there would be a fund raise today post GM, because they desperately need cash. That has not happened.
Good times ahead for sure.
Have a really good weekend