RE: 8p++ next week11 Dec 2021 09:41
This major deal achieved thanks to the company unic technology of course but could not be closed without the cash raised on the 1st of July...(more than 10 millions pounds at 2p per share.)
At the time of the placing there was lots of anger, frustration and disappointment by shares holders and posters on this forum (fair enough....)especially because the big dilution and the considerable discount at the time....HOWEVER, we know now the sense behind that cash call....
Having said that, a possibility of another cash call in order to support even more expansion at fast rate is not impossible in the near term BUT,IF it will,it will done on much higher price than the previous, and the current.....IMHO.
Very interesting time ahead starting with next week trading.....at least few can bank some useful pre Xmas profit.....
For me though it's still strong hold for more.....
GLA,whatever.