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On March 12th they had 2.98m shares.. they’ve been selling for a while and it’s been known.. they dont care if the price is dropping, they have to follow the plan they’ve set up.. counting the sells since then, I am sure they are nearly gone now
Big dilution won’t make any sense for them because we will need to raise again in 2026.. there are lots of options, only question is how much of the co is polx ready to give in order to succeed.. milestones are very conservative, and we do have few locations coming on in Q1/2..
Will have to wait until the end of the year for a full picture.. until then we will have to achieve a few milestones, so if that happens, I won’t be worried in the slightest.. I still think the dilution issue on this potential raise has been inflated.. they could do a finance deal for the 10m and then do a proper raise at 20p in 18 months
Surely traders can see big gains from these lvls, it’s a joke that it dropped by 30% at one point.. honestly, ceo of bracco, wouldn’t be saying things about a tiny company that he himself can buy today, if he didn’t believe in its success..