RE: BMV27 Jun 2025 18:25
The Company has now commenced the drafting process of a new prospectus with a view to raising a minimum of £10 million at what we anticipate to be a premium to the current share price.
Following yesterday's announcement regarding the zero percent interest, £2 million funding facility which is convertible at the investor's election at a base price of 2p per share and, in recent days, unprecedented multiple offers from various sources of equity capital at a premium to the stock price, the Company intends to quickly build further upon this foundation and the market's enthusiastic uptake of our newly focused approach.
So BMV are intending to raise above current share price..which was 1.42 @ close on 25th
8 weeks max to wait, so i will b grabbing as many of these as possible at anything below 1.7
Hoping this will cover current losses @ Vult, which defo hasn't gone to plan this week 🙈
No brainer