RE: Timing of next placing if any?1 Apr 2019 17:30
My initial reaction to this placing coming back online here was another load of crap.
Yet !! It has made me think into it a bit more.
Had the £1.5M been spent before they had aquired the equipment for the water problem ?and I'm afraid to say I think it had, or a good part of it at least. Reason being they had to extend the deadline of the YA loan to get the money from the placing, else they would have just paid it back before hand, saving themselves more share options.
Therefore, it's anybodys guess if another placing is needed. I'll have to sit on the wall with this one.