RE: MY THORTS24 Jun 2020 20:05
I have been invested here for years. I recently averaged down heavily before the recent big rises. I have been around long enough to understand that placings are not always a bad thing for existing shareholders, and that VLS needs funding one way or the other so it is not a surprise to me that this is happening. The cash generated will be used to add further value for us all in the fullness of time, I have no doubt.
BUT...the way that the placing is being done does not seem (on the face of it) to provide existing holders preferential treatment (not that I would be able to take advantage anyway given that I am penniless having averaged down recently as I said).
I still keep the faith, and believe in whitto that this is a good place to be invested.
Best,
Mr T