Someone is doing their math’s on this one...You can see their...

Someone is doing their math’s on this one...

You can see their trading "markers" in the depth.

Clearly behind the scenes discussions going on...and with an offer on the table, the lower the share price, the more attractive the offer will look!

Any announcement of funding should be well received for several reasons...

1. Instant removal from the market of fear of the company going under.

2. Instant removal of suppression or "desire" to make any offer look more attractive.

3. Instant desire for the placees to achieve a safe margin on their placement price.

4. Company will have the cash it needs to progress business model.

5. Potential cutting loose of, or reduced commitment to loss making subsidiary.

Cheers!