RE: Everyone see this early post @ 06522 Feb 2023 15:56
What this post?
RBMInvest
Posts: 1,613
Price: 5.70
Hold
RE: MORNING BOYS AND GIRLSToday 06:52
Weal, I received a response from AM last night, snippet below. Don’t understand the ‘surprise’ he refers to, not given the RNS wording made it sound like an imminent issue. Looking at previous prospectus, it’s not the first time they’ve had to issue such warnings, but they’ve clearly underestimated the reaction to this one…no one predicted yesterday, despite many ‘told you so’ posts.
‘We had to file a shelf prospectus yesterday. As such the working capital statement in the prospectus was flagged by the FCA. They required an RNS outlining the worst case scenario which we complied with. Read the RNS carefully, you should see all is not as bad as the market thinks.
Our lender was surprised by the reaction as were others.’
IMHO DYOR GLA BUYTHEDIP