RE: Zimbabwe journalist29 Feb 2024 14:57
Just read the RNS from the AGM announcement and accompanying letter
They definitely plan to do a further placement in the future but it looks like the company is in no immediate danger of administration now that they have been given the power to issue new shares which satisfies creditors
I am probably mental and I'm going to see how the SP sits tomorrow with the new shares hitting the market but I'll have a few K if it's still 0.0615p to buy or lower