RE: Potential3 Mar 2019 19:24
Just for clarification, the interview did not say raise at 30s Utd an equity or JV.
The point I want to understand: warrants can be exercised at 51p as per rns for £8M or 110% of base price. The assumptions that if Placing comes then it will be around 30s to accommodate the 110% base price which aligns with the 50s warrants. If not then why put both options for warrant 1?
Now if JV then we have no issue and agree this will be higher.
At the end this is AIM, anything can happen.