RE: Close of play3 May 2024 12:19
Dunno system, there was a trade first thing this morning for 111,111 but ours supposedly a sell. Well, it’s in red so it must be a sell, right? lol
There is STILL a chance the sp could rise significantly from these levels as July approaches. If it does and an equity raise is done at 8p then Cheek would have pulled off a miracle. It’s NOT beyond the bounds of possibility AND it could all change Ina moment. When this stock turns it can be a very big riser in just hours. This is what I’m hanging all my hopes on.
Troy, the US partner has been announced already, although not the actual name of the organisation. There was no mention of funding in the RNS but I suspect you are right in that this might be a much better option for GDR than RF drawdowns. Don’t think they can buy a 75% stake in the company though without having to make an offer to buy it can they?