The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
We should also make clear that this Placing replaces the capital that was available to the Company under the Sandabel Capital L.P. ("Sandabel") facility that has now been cancelled. There are no outstanding loan notes due to Sandabel, or any other lender, and the loan notes that were issued to Sandabel were all converted into Ordinary Shares last year.
"This Placing therefore marks a line in the sand for the funding of the TLP-103C well and we look forward to providing further updates on its progress in due course."
Stumped up at this placing - YES £4M
If it is good for them @10p, its good for us.
We the market calls the price when a company needs money
Would never had got this away at 12p for £5.5m
Fully funded 20% lower, allows the company to monitise things now
Simple strategy
The CLN
Friends/Family/Directors opted in for £4m
Whats not to like
Let the churners move on and we are back to 15p
Market is short !!
nm
It has been taken out
So much to go for in the next 4 weeks, and now fully funded
BOOM times ahead
massive news
Someone knows something...
Trials will take months, cash will be burnt doing these trials, and Phase 11 and 111 need to be funded. Big money is needed and there are always delays and set backs. That is if they can raise funding
Presently the current placing is struggling to get away and with so much funding needed down the road, it is not investable at the moment, as shareholders will be diluted for every bit of good news...
STAY AWAY
more than most of us on here
The forward looking statements make this a buy on a medium term basis. They know what they are doing and the markets in India and Asia are huge. Bolt on Amazon to this and this will fly, once the revenue starts rolling in, wich I expect to see in the next interims
Bit of momentum then whoosh
Nothing has changed
FUTURE have the expertise and management to turn this around
India and now moving in to ASIA
Massive growth
Future on board and will now use their skills to monetise this business
Kishore Biyani, Future Group Managing Director and Group CEO, said:
"As an integrated branded fashion player, we invest in and grow leading Indian fashion brands. We are excited to have invested in Koovs, the best established affordable western fashion brand in India. Its combination of technology, content, fashion and customer service will ensure success in the years ahead. We are excited about what we can achieve through this highly complementary partnership."
Looking forward to the results in 6 months time - that will be the telling point, how KOOVS is intergerated