RE: Porky29 May 2024 20:12
@Uncanny
You comment: "P9, if THX / EUDA comes off, kiss your placing goodbye which would be next year anyway" - Ask Adrian the question about the next raise. Seriously the guy will have no option, new incoming CEO will need a decent cash runway ahead of them and you are seriously deluded if you think cash runway, especially with the current increased overheads can stretch beyond a few weeks into H2, not a chance. As for THX/EUDA not a chance either, but even in the highly unlikely event that EUDA merged with THX, it would be a new legal entity, no guarantee they would take up the terms from 2021 without a renegotiation and they would still need to go on and raise funds, something that have not been able to do for over three years now. Sorry but Adrian needs to draw a line under it and move on, flogging a dead horse frankly.
@Defiant-one
I hear you. But the whole point of these discussion boards is to discuss is it not? An echo chamber of rampers doesn't help any investor make an informed decision they need to know the history, they need to know how the business is operating, they need to know the pros and cons to make informed decisions not just hyperboil. Meanwhile i invest in many stocks, admittedly i don't comment on all, i currently have a big exposure in PM BUT i follow this stock and live in hope that the changes come. I comment out of free will to balance the argument.
Look, IF Adrian presents a decent forward plan and sorts the cash burn and Kevin and Suzy are removed and it becomes investable, then i might back the placing. As it stands its uninvestable in my opinion but as i say, i live in hope of changes.
Hope that explains. Good luck to you.