RE: Signs of placing!19 Jan 2023 11:49
hmmm not sure about another placing. They had one last June (£1.5m?), since when the sp has dropped 80%, bar the recent rise. The recent rise is on absolutely pathetic volume so I'm not sure what this is about.
If it is a raise then it could only happen at a horribly punitive discount as the company have done and said nothing since the Bradclad Distribution Agreement went up in smoke in October. Nor have they done or said anything about the short, mid or long term future and what they plan to do. I think many investors, self included, think its' just going down the pan and heading for administration. the last placing was to pay the Directors salaries for another year and then it'll be wound up.
VDTK has nothing. Can't get Certification to sell its products on the main Grid, had a load of stock stolen a couple of years ago, no contracts with anyone and they lost the one contract they had after a single installation was carried out. Basically it's a scam imo.