RE: The cash funding was very small for a clear reason!17 May 2024 00:16
Hi y'all..
The need for a cash influx to keep this never-ending "start-up" business on track is not in question and doesn't give me cause for concern.
But what does slightly niggle is this paragraph in the RNS...
Β· Following the issue of the Subscription Shares, the Company will issue 450,000,000 new warrants to the UK investment firm, the exercise price of the warrants is 0.01725 pence each, with the warrants being exercisable anytime up to 28 May 2029.
Not much ambition there then for the share price in the next 5 years !!π±π±π±
Or am I being unduly pessimistic ?? πππ
GLA
πππ