RE: 2020 YE audited accounts24 Jun 2021 14:32
Shandy,
I understand your point re placing but I see this as a real positive that gives the company close to £10m in cash at a very important time for their business. It also brings in an insti buyer who has paid 30p a share for a large stake in the future of the business who must have been suitably assured and impressed when they did their due diligence on DVRG. I don't think another placing will be needed here fwiw. As to whether one should bet their mortgage on this, well I will tell you in two years (hopefully sooner) if it's worked out for me.