RE: What does MM stand for?4 Dec 2024 12:18
I’m semi retired-I wouldn’t work for Cavendish in any event.I don’t rate their recent performance.
Just my view but the biggest problem for DGI is being on the Standard List.It prohibits VCTs who would I believe invest in this-hence the desire to move to AIM.
That means the sources of meaningful capital are a bit more limited-and we all know it’s a challenging small cap market.So the company really needs to think long and hard about the best platform for raising a good chunk of money-I would suggest £10m.If not, a trade investor.That then focusses you on the market cap and the CLN.
In summary, they need cash and undertake some much needed surgery on the balance sheet.The company needs to create the best environment to invest.
That’s me being objective-