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Re: igotthemojo post# 194029

Monday, 07/06/2020 2:32:59 PM

Monday, July 06, 2020 2:32:59 PM

Post# of 278274
“proof or they will need significant discounts”

Or a bit of both maybe?

From a share offering perspective, as an example, I’m invested in a small cap company over here on the AIM (UK), they have disruptive tech, have only put out a few prototypes and haven’t got mass production in place.
They just raised £30M in one day through a share offering, of which the vast majority was from Institutions.
The offer price was about 25% below the average price.
They were adding over 20% to their share count.
They had basically no cash ahead of this fundraise.

The share price recovered to above where it was to begin with in 2 days and the company is now in a far stronger position, has a floor under the share price and loads of cash to develop their business.

I’m aware there is also far more risk capital sloshing around in the US markets. So we have reason to be positive.

My initial points were just to counter your comment that the shares are being “dumped”. They aren’t.

Time will tell who buys and how long they hold for, but it is very likely anyone who does will let things play out at least for the next few months while KBLB execute their business plan.





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