RE: Here comes the PLACING to fund it!29 Jan 2025 15:32
Show me the money? HOW are they funding this anyone? Any answers? Let me tell you as They have literally written it into the RNS in plain sight that they will raise!
Here
‘The Company has a cash runway for the foreseeable future to meet current day-to-day running costs. Hence, stakeholders can be assured that the Board will only look to raise additional capital as and when appropriate, and only to directly further the Company's ambitious plans in regards to its AI strategy.‘ then
‘First move underpinning strategic Al pivot expected imminently.‘ then
‘The Board is hopeful that the first implementation of this strategy will be announced shortly, and will clearly demonstrate the emphasis on 'quality, not quantity'.
So a lot to unpack surface readers lols - READ IT AGAIN
PLACING is imminent and will be used for a small AI stake they can file under quality meaning it is small unheard of yawn.
They have literally SPELT IT OUT can’t be a surprise to anyone as they have only day to day spends left!
Don’t shoot the messenger. This is the reward for how long? IMHO DYOR GLA