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clock Created with Sketch. 20/06/24
21:09
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Originally posted by glemon:
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Was this a shock to some really? The cash burn always indicated a CR had to be before Q4 so they got into it a touch early. There can't be a parntership deal with a cpy that has zero bank account and we needed to be viable to continue into the last phase of the negotiations. LTH would be upset once again but I came into this with eyes wide open knowing I got it cheap after the dilution from the last CR and knowing that I may be at square one by the next CR unless something astonishing was to occur. Timings a bitch but onward and forward.
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Wonder why they are negotiating two separate transactions with two different entities. It doesn’t feel like a multiple parties JV under consideration rather I am more convinced about a takeover deal being finalised..!
Last edited by
Mas37 :
20/06/24
