RE: Skittish31 Mar 2024 14:14
Loads of info being posted here but the only thing that matters is the sp is dropping consistently. It's now nearly 30% below the placing price and there is no news due on the EWT etc for months and months. What we have been told however is that they will need to raise further funds and so another placing is coming 100%. Only questions are: when, how much and at what discount? Will any existing share holders be offered the chance to partake? I doubt it very much.
Zak was probably pretty close with his .5/.75p option. No way is this climbing back up above the placing price. Not for another 6 months and even then it's a huge risk. Lorna and her team could well have got things slightly wrong and things might not work out for them the way they wish. Be careful here, be patient and wait for the sp to slip a good deal further before rolling your dice.