RE: Equity raise26 Jul 2023 14:50
Certainly it has 5x the job to do, but if the company is a success then I don't see why not. The original share issue was really small so some expansion was inevitable. It depends on the price we bought in at. Under 20p and it should be a great share. Battery margins might be small but the market is vast. I hope the buyer brings good market contacts and a top class sales director. They will need to win business at a lonh term sustainable margin. Some contracts, like batteries for wind farms, might be very long, and a bad deal could be a real impediment. But hey, at least we can look ahead now. 2 days ago they were going bust