RE: Silence from the BoD17 Apr 2019 14:00
Actually, an individual (SH or not) asked the BoD whether 1p per share was a realistic valuation , and JB responded by laughing and saying something like "obviously". This was separately from CH's statement about the financing, and IIRC later.
No explicit mention of timeline / 6 months at this specific moment.
And yes, I do recall CH saying that he was going to think about long terms shareholders who r in far higher then current share price before doing placings.
That did not prevent him from doing a 0.30p placing last time - the LTH were still there.
Again, you are making very big assumptions and posting them as if they were explicit statements from the BoD. "The maths" tell me that CH needs money to keep this company running and the income is decreasing, now below what's needed to pay the salaries and expenses if I use last year's figures as a guide.