Hi, I’d like to borrow £50m.19 Oct 2022 13:06
Ok… what’s it for?
I’m going to fund the trials of my wonder drug that makes chemo near side effect free and much much more effective than the standard.
Does it work?
Not sure yet but it’s looking positive.
Ok I’ll give you it via a bond. I’m one of the richest people on earth. I’ve got holdings worth billions in many companies and I cling onto them for long periods of time. Id like to be a major holder of your company that will one day potentially be worth hundreds of billions. Sound good?
Yes.
Ok. It’ll cost you 6%.
Superb. We’ve also acquired a profit making diagnostics company so that covers that. We had hoped to do the same via covid but we got had by the ukgov, but hey ho, we’ve got our income stream now anyway.
Ok great. Sign here.
That’s how I’m seeing the situation.
It’s very simple. We improve chemo to an advantageous degree and we’re worth billions. Then hundreds of billions. And this current loan/raise/bond will seem like chicken feed.