I voted against. As @blokes said, they could have done a deal with Fidelity. Now we are faced with the prospect of dilution, a large number of shares being dumped to repay loans or cash bonuses to repay loans. Skin in the game means you risk your money and not someone else’s money. That said, if a commercial, revenue accretive deal (ie not an MoU or options, but cold hard cash) is presented by 12 September I’m open to changing my vote.
A No voting block & an alternative loan facility, page-37
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