As I said before nothing new from our CEO, for those that want to believe the waffle have a look at the price now! Duffers slogan keep out of the black and in the red another 6 months this share will be dead!
Hi DrMicho, hope you are well sir, no definitely not sold it would be to great of a lose even at this price! Sadly for me it's just more spin but this time with a cherry on top, I just wonder where and when the next fund raise is going to come from. Good luck and get out when you can which will be a lot sooner than me unfortunately lol.
The Company's current transition and development mean newsflow opportunities will be limited until we have established the Group as the go-to provider in our various chosen markets
donotpanic, the reason they didn't raise any more which was explained by unitedguy the other day is because Dr cave would of no longer held 10% and therefore would not of be able to call an EGM should he of wished. That sounds very plausible to me!
They have nothing in the bank hence the 400k, they have no deals done either.
The funds raised from the Placing will be principally used for working capital purposes and to accelerate the Company's near-term commercial opportunities
Sadly the company will have dissolved before the next AGM so no explanation to the numerous unfounded promise's and f**k ups the rat catcher has made, he has single handedly ruined a share holders investments.
I see Lanstead are still selling, I would imagine they will drop to 15% holdings. As for Duffin he won't be making any announcement soon other than either directors change followed by reducing his holdings as I think he'll be selling off to top up next month's salary before he departs.