RE: Will management buy4 Nov 2024 22:33
Way I see it is that there is now more risk and that's caused the sell of. Invoice based finance is advanced payment less costs for work done, might bridge a small gap in time but is not a solution if inflows do not rise as forecast fast enough so I think some investors think dilution risk now exists. Discussions already started with Magna! Could be positive (probably) but not necessarily. If Magna end up being a source of more capital to cover any delays with Ramp up then I suspect the conversion option (if any, most probable) would be less than 11p reducing the average conversion price so it's less demanding overall. I see plenty of upside here still and remain confident but less so than a few weeks ago, sadly. The the antics of rampers and trolls on here are unbalanced and the reality somewhere close to the middle. Good luck to all with your investments.