RE: 20 Jul 202019 Aug 2020 22:08
Sorry, todays message is clear. The placing is to fund a current strategy "Alpha income and growth" plus general working capital ( salaries) when GS said a month ago that the company had enough working capital for its current strategies. He seems unable to do a proper cash flow projection.
As for the broker puffing the placing up, he has to do that to sell the shares at a profit.
Umm , err, you know , err , Dallas, Bobby and Miss Ellie you know err, uuum yeah . Give JR a call.