RE: Rns, fund raise and outlook2 Oct 2024 18:27
I’ve been flat out today so never got to add. I thought I’d give it a day for the dust to settle, reassess the investment and make sure I’m not investing with emotions.
I transferred another £4K into my Isa ready for tommorrow.
I can’t see any negatives with today, the BOD have decided not to come back to us PI’s asking for more cash as they know we have suffered enough. They’ve executed a raise quickly, with a small discount to themselves, but job done and we crack on.
These sums are chicken feed to Harry and co I know so I don’t take this as an oppertunity to increase their equity at a discount while we lose out. These guys are looking to achieve huge multiples of todays share price.
All in all I wouldn’t have been surprised to have actually see this rise today instead of drop.
BOR is in a better position today than it was yesterday so I will be adding.