RE: BCL26 Jun 2020 12:35
That would be lenient after what he pulled off yesterday
'support of shareholders' do us all a favour and resign - the pending EGM for more headroom is surely at risk of being voted down
40% cut for 3 months,big deal,just get rid of a few sponging directors
Seriously useless,disappointed I have been adding for this,very sorry for the LTHs here,I have to question whether it is worth still holding,but just perhaps LC can somehow pull something off in the next few months.The clause in the RNS did interest me a little:-
Buy-Back Option
If the share price closes above 1p for 5 consecutive days, the Company will have the right to repay the amount still outstanding on any amount drawn down, at any time with no penalty ("Repayment Option"). Should the Company exercise its Repayment Right, the Investor will have the option to convert up to 25% of said amount still outstanding, at the Conversion Price
TTP