RE: Rns update plz!28 Oct 2021 16:42
Regarding financing you have to remember Aeg were getting 1p cln with no permit, no US/Canada IP, no functioning plant and 22 million debt. The SP was around this level with obviously a lower mid cap. The same note holders converted secured debt into unsecured equity at 1p.
We could get a massive discounted placing but then no EGM has been called (yet). Institutions own half of Aeg and they know what is going on. All I know is last years debts were more than the current market cap.