RNS Explains11 Jun 2020 18:30
Why Napom was so vocal this morning, so 1/2 billion more shares giving us 19% of some assets valued in a completely erroneous manner and an operator whose presentation from a year ago was basically just BS (remember the 10,000 tons by year end and here we are half a year later still at 5,400). Yeah this is really going to put a spring under the share price.
Roll on next RNS, it'll be another 1/2 billion to clear some debts, probably tied in with NH confirming joining with another 1/2 bn for general working capital purposes. What'll that make it, 1.6Bn including yesterday's on fluff, yeah the market is going to love this isn't it?
Can't see Acker buying back in on this and he's an optimist :-)