RE: RNS....30 Apr 2024 18:44
Lothbury.
As I see the RNS they got this funding 4 months after the initial funding with an increase of 5*.
If they do another funding (as they hint) say in another 4 months at another 5* increase then yes probably some dilution but equally a much bigger valuation.
Many AIM investors have experienced the problem of funding as share prices decline, in part down to very illiquid markets with only a small number of people being interested in a company, where as funding where share prices are increasing, or in this case where a private company has a valuation increasing, is a different story. Do the maths.
Nice try though!