At the end of the RNS,they said; The board remains confident in its ability to secure the additional capital required and will provide further updates as appropriate. They need to get this over the line. We will just have to wait and hope they can do it. I'm pretty confident they will.
In my opinion they seem to want to keep this sp down,maybe to give investors a better deal i dont know.:))))))))))))))))
There is a lot to look forward too.Probably some investors are just waiting too see how it all pans out.There is still this consolidation to do and maybe thats why nobody is diving into this at the moment.After all we dont know the price of anything yet; :)))))))))))))))
I'm sure all will be passed tomorrow.Then we need to see what the price will be.Its going to be another 6 billion shares added.Then there will be a placing/consolidation at the end of the year. To me consolidation is always a dilution of us shareholders.But i think this is a bit different this one just because of the investment with albaco,it is a significant investment and if alba do well as i expect it will then the consolidation may not be too bad a thing.
This is a lot of ifs and buts and unknowns,but im hopeful it can do well,just need to wait too see how it plays out,:)))))))))))
They have worked it all out.That 2nd Rns was always going to pull the sp down and they knew it ;the 12th sep is a long way away and it could drop into the teens by then.But if you stay strong this will bounce back up after everything is done and dusted.Gla.:))))))))))))))))
The good thing now is i'm sure that once everything goes through 25m etc,CHP is well undervalued,so there is a good chance that investors will buy this with a good holding in Albaco and i'm sure there will be other investments coming in to CHP as well.;)))))))))
RE: Alba Bank has to prove itself once again29 Aug 2025 11:54
I hate consolidation too and i usaully avoid companies that have done one. But i am well down on this share probably about 60% now so i just need to wait it out and hope it turns out.This is the gamble you take with small companies and you can be left stuck in it for a long time seeing your money dwindling.
There is no way he will let that licence slip away,he has waited 5 years for it and he will get that £25 million no problems with his connections,:)))))))))))))))