RE: ABB & Fundraising16 Apr 2021 08:31
Dilution yet again, but this time about 10%, but I thinb once these RNS's sink in and are more understood, I expect within a very short time (a week or 2), the sp will easily be 20% up.
With the extra clarity as to where AFC and the big boys already coupled with AFC, surely another big fund raiser, less than 1 year from the last in this instance can only mean good days/years to follow.
If they need even more cash, as the RNS shows, there must be very big moves within the short/mid term.
So more dilution, yes, but is this an indication of the previous cash call, being wasted or/and the company frittering it away, no chance, it shows that things are about to move far faster than we could imagine.
A great end to the week.