notready - fair point about the size of the dilution, but I would be very concerned that the price of another fundraising would be less than 50p? I know the company has not had trouble fundraising in the past, but another year of dissapointments has surely severely degraded the integrity of the company within the square mile. Now, as Goatherd rightly points out, it is not of much concern for the vlth's (of which I am one) if the deals do come through becasue the sp could reach many multiples of today's which make a dilution of little significance. That is of course unless we get taken out somewhere near these historical lows. That is my biggest concern as this year end approaches.
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