RE: Now and the Future19 Dec 2024 22:02
In my humble opinion, the market is closed to DGI as a Standard List company.It has to find a way of accessing VCT money-that means AIM or a delist.Both scenarios are challenging.Long must surely agree with me given he stated several times that there was a queue waiting to invest.That being the case, and in their absence, it has to be the Standard Listing to blame.
The other obvious route is government support but unlikely in the conventional way in my opinion for the amount needed as it’s working capital to fund ongoing losses until 2027.
As for blaming the CEO, I think it’s unfair-this company was always going to need a lot of cash to support production.Unfortunately, the market is very challenging as we all know-he’s kept the lights on so far.
As for the comments on PH, if they are right, the company only has itself to blame but it would be another indicator of how challenging it is raising money at the moment.I don’t believe it is PH-but the company should confirm given the angst