RE: This one still has a placing written all over it!!!12 May 2025 12:27
And this is why buying AIM shares should come with a health warning! They are burning cash at a phenomenal rate. However, can see this after a placing, going from 0.2p to 2p!
If there was going to be one, the SP would not be heading to the 20p marks as we are seeing. Any rights issue would have been at 10ish. This can only mean a bid is expected at a lower price near.
''And the stock is trading like there’s zero value priced in'' what do you expect when guidance has been removed? This will result in a cash call at 0.25p!