RE: AGM statement22 May 2019 21:55
Jay, I depends on your view of negative I guess. The longer route to approval the more likely a raise is on the cards, and let’s face it, as 5-7p area is going to cause dilution to a level which will hurt us.
Whilst all options may be “workable”, let’s not forget the current cash position.
My guess would be they are hoping for good news, lift the SP and then raise
However what happens if the news is a lengthy delay, SP sinks, then we are raising as sub 5p at best (only a theory).
Either way, imo, we are facing a raise one way or another