RE: So31 Oct 2019 19:20
Schlem
The hefty placing was required otherwise, from memory, SEE would have run out of money by June /July. It's open to question whether so much was required or at one go but even at the time, Ken stated breakeven would not happen until 2023 but he quickly backtracked from that, I think he realised he was going too far.
Hence, the cut price placement, badly handled by Ken, Jack (very quiet) and others with a number paying the price, be it for the placement or TFD.