RE: Buy22 May 2020 12:11
Inan
The (simple) question I asked was whether you see 22p coming before or after the next fundraise. It is an important point as if we were, by some miracle, get to 22p BEFORE more funds were required, then we may well be able to raise at 17/18p.
IF however, we need funds before 22p (and therefore Before the earth shattering news that got us there) then the fundraise if we remain locked in the current 6/7p range is more likely to be 4p or 5p tops.
As for you comment..
"its not up to me to crystal ball what BOD have planned "
None of us need a crystal ball - their plans have to be communicated to investors - unfortunately those plans in many cases have not come to fruition. The plan remains the same, the timescales have changed.
As far as funds go, it doesn't take a genius to work out when the money is likely to run out.