RE: eeny meeny.1 Nov 2017 22:15
The share price dropped from around 10p at the start of the of the year following the announcement of Darwin's involvement to help refinance the company. 2 of 3 tranches have been used in increments. Each comes with an associated drop. Darwin closed the last of the 2nd tranche last month. The next phase was completing the restructure which involves changes in the company and selling of assets. We've not been given an update of this phase or anything to do with the 3rd available tranche that expires in January.
There isn't much to go on in terms of actual realtime value of graphene. But Darwin caused the share price to fall as they were running the price in the ground. So now they are gone or aren't holding grph by the neck and squeezing then it's likely for it to go up. Make your own conclusion. Rns is needed for us to make an actual decision but for now speculation is only what we've got. DYOR and GL