Two points

First point: What makes the Inv Chronicle article look bullish? it doesn't look that way to me. It looks distinctly cautious pointing out several problems which need to be overcome.
This brings me to my second point; After the 15£ million convertible bond issued through new shares. Plus the addition of the rights issue shares, means that 150million new shares are to be issued.
Allowing for the fact that all the shares will be taken up at the time of issue will they subsequently be sold? Also will that number of shares mean a dillution and consequently a reduction in the share price? Your views please.
Happy new year!