RE: Ironically this does feel like the band plays on....26 Jan 2023 11:42
The point investors should note re financing, is that an equity placing is not needed. We have funding in place! However, it would in my view be prudent to obtain equity financing to balance out the debt. This can be done in HARL's own time and from a position of strength and to onboard new strategic institutions. Liberum will be engaged in drumming up interest over 2023.
The bottom line is this - once the Navantia sub-contract commercials are revealed, there will be no way the market can assign a value of £30m to HARL. I have done my own calculations. I don't care about these minor 1,2,3 p moves, as we are looking at at least 100% increase in very short order. I can't think of a more exciting AIM company to invest in, with a clear path to massive revenues. This really is mid-cap in the making - which will benefit long term holders. The IM project could be sold for more than the entire current market cap!