More dilution is inevitable, the question is how it is done and at what price. I would love to see all oppies converted because most will be long term supporters who have suffered for at least a couple more years than they should have done. I do wonder though whether a big player might come in and take a stake at cheap prices. WG did mention they are speaking to parties.
Either way, next few weeks will have some news flow. Easing of UK lockdowns might also spur some Uni of Manchester or GEIC developments in next 3 months.
FGR Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
