LON
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0.00% 13.0¢ longtable group limited

Best hope is they've found a strategic investor who wants a big...

  1. HotCopter
    858 Posts.
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    28/02/19
    09:58
    Post #: 37598021
    Best hope is they've found a strategic investor who wants a big stake and will pay a premium in the raising. Can't buy a big stake on market the volume is too pathetic. Seems bloody unlikely though. Even if they used scrip for 52% of MB it would dilute the hell out of existing holders at current valuation. But raising at a discount to 33c? Wipe out time
    LON Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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