All too predictable1 Jul 2021 22:00
So where are those who said they may not need to fund raise or it wouldn't be at a discount?
Well, where ARE you all now?!
Either
a) Terrible judgement either clouded by being so underwater with their investments in a panic and wishful thinking,
b) Just poor judgement
c) knew full well but wanted to try an talk the share up for being under water and in a panic
To be honest i'm surprised they made as much as £800k revenue.
To those who said there would be a billion shares in issue by the time they make a profit - well said but actually underplaying. After this raise there will 988 million. After another £10m fund raise next year there will probably be 1.5 - 2 billion shares will be in issue by then.
You'll be diluted out of existence unless you keep pouring more money down this drain.
Looks like I was bang on the money - I said on ADVFN this afternoon the cash raise would be at 2p.
Looks like some people have egg on THEIR faces now doesn't it?
At least Mr Drapes with his curtain will be diluted down.
What a clown. The stupidity and arrogance of not raising more money when the share price was higher in 2019 and at the start of this year.
All too predictable and for those of us saying it we were shot down.
There will be some people that got scared out of this share at a higher price than no by us so called doomsters - which has saved them more losses. That can only be a good thing.
Watch JD's and Fran's expenses over the coming year now they have £10m lol. I bet they will claim at least as much as their salary.
What a total joke.
"Mummy that man's not wearing any clothes!"
What total joke of a company.