RE: Twitter & Proactive Article26 Feb 2018 14:06
South,
If there is a placement, it is usual practice to give a bit of a discount, however, the BOD are trying to avoid this route. I do not know what is happening behind the scenes so I have bought 1 million shares now and will buy the same again as soon as the funding is announced.
Any drop would be very temporary, (as in the case of MATD), and talk of 2p, 1p or less is over the top. They may place new shares at 3p but imo that would be the very bottom.
I honestly suspect the BOD has a trick or two up their sleeves, such as a further positive announcement on the 3D's. My advice is to buy some now but also like me, hold some cash back until the funding is announced. That way you have hedged your bets and will enjoy the best of both worlds.