Do we really need placement?28 Jan 2018 09:08
Guys, I am not sure why everyone here afraid placing here so much. I am sure it is unavoidable in some point however we have may have relatively good monthly funding if sp multiplies. Just to remind everyone that Riverfront still does us the monthly payment until August. My below calculation is based on the formula from RNS (17th August) and show the stock price relation to the monthly payment we get from Riverfort:
SP ---------------- Riverfort pay
0.312p ---------------- �8,249.33 (~current joke money we get)
0.4p ---------------- �22,916.00
0.5p ---------------- �41,666.00
1p ---------------- �104,166.00
2.5p ---------------- �291,666.00
5p ---------------- �604,166.00
I am sure there will be placing because it is sense of being traded on AIM however if it is reasonable and gives company possibilities it is nothing wrong with it - well unless you day trader. This may scary you much then.