our australian lady8 Jan 2020 19:58
do we know if she is involved in this deal ? after all she would have a lot to lose on her shareholding so I guess she is a party to this stitch up. Is this not preferential preference to one shareholder?
The worse thing is the additional shares (rights ) were sold at 15p and the implication was that once this was succesful the stage2 finance would be straightforward...I seem to recall at the time of planning there was a bit of controversy when one of the staff implied the investors were being conned ,,,,, all very strange and a bit outrageous !!!!!!!