In addition, as part of this co-operation, JGO has provided a £5m investment commitment to the Company to underpin the success of the project and to further align both company's long-term strategic interests.
This is not the shares purchased. Coffers increased by 10m for 111111111 sharespurchaswd
Am I right in thinking 10m in but only 5m of shares means he’s basically paid 9p per share with further options at 16p. Therefore probable valuation right now around 13p.
Why would they announce that , they haven’t announced anything meaningful all year. Besides that would mean communication with shareholders. Melody don’t do that.
It’s not scraping the barrel . Fact is they haven’t delivered a single thing that they have published in the last year so it’s all to come . Coming soon.