RE: Placing or Loxley planning first?10 Aug 2020 21:31
'That’s why I’m buying when it’s cheap - not based on fundamentals of the company, but based on the fundamentals of how the AIM market works.'
And the fundamental reason that AIM was created was to help companies get access to finance to pursue their plans. Without enough cash flow to self finance the plans you get placings or convertible loans both of which result in lower share prices [no CPR = no RBL].