RE: 14th April RNS - States the company wishes to raise funds9 May 2023 22:59
To be balanced, there are worrying points about this company. How long has it had those huge partners? Lexus, Pepsi, Disney etc? And failed to become profitable.
The 40p raise was in November 2021, around 1.5 years ago, and in all that time still not profitable?
Maybe its going to take Microsoft to make this move, but I do agree the past performance does not look rosy.
Maybe the directors have pulled some connections to bring Microsoft in, it certainly looks like they were on their last legs before this news was announced.
So for me that's the play here, that they have some connections and have pulled them to save the company from the brink.