RE: rns30 Aug 2018 15:15
I believe it is dilutive, but Ruyi won't be selling anytime soon so no effect.... mcap will be around 23m assuming it reaches 3.5p
Then you consider £14m in bank vs £23m mcap, major on board, 50m turnover at break even, contracts etc etc, less than 25% freefloat, options at 8/10/12p...
Enjoy!