Ann: AMS H1 FY24 Results and Trading Update, page-6

Are we celebrating the fact that they have plowed through 100M+ of cash that AMS had at one point in the past and now need to undertake a dilutive Capital Raising to recapitalise? Apart from the fact that AMS are starting to trade again - there is nothing here to celebrate at all. All the holders are about to have a big haircut to the value of their holdings.

What is the most bizarre turn of events is that the same team that fcked it all up in the first place is now going to be the saving grace of the shareholders, how is this even remotely legal, they stole your money, wasted it and now asking for more. This is so weird.

Also where are the auditor findings from the botched financial reports? Are they going to release the findings and the financial data that was mishandled?