Remain cautious in our outlook due to the natural challenges facing a business in turnaround, debt lot higher, revenue down, loss making interesting c if fraser adds too its holding in due course on drop
Company is sufficiently funded for all near-term activity and has no current plans for a fundraise. Any additional funding may be achieved at a subsidiary level to prevent the dilution of shareholders.
Thinly traded stocks tend to have higher spreads. MM often use wider bid-ask spreads on illiquid shares to offset the risk of holding low volume securities.