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[botack] 14/6/2018 12:25

YdderF
Is this your reference -

the allotment of equity securities (otherwise than pursuant to sub-paragraph (a) above) up to a maximum
aggregate nominal value of £140,808 (being the nominal value of approximately 20 per cent. of the
issued share capital of the Company),

I think you might find they want a lot more than 140K

[botack] 14/6/2018 12:13

The Company has posted to its shareholders a circular containing a notice convening the General Meeting (the "Circular"), the purpose of which is to seek renewed authorities to allow the directors to issue ordinary shares for cash on a non-pre-emptive basis as the authority granted at the last Annual General Meeting has largely been utilised. The Circular will be available on the Company's website shortly at www.fbk.com.

 Where is the 20% ?

[botack] 14/6/2018 12:07

YdderF
The official line is a placing is not Imminent and not within June
Where did you get that 20% from ,Was it in the RNS ?

[ydderf] 14/6/2018 11:37

Why would anyone buy when the Board have said a further fund raising is imminent? The GM to issue 20% of the share capital is called for the 22nd June - seven days from now. It seems it is easier to tap the market for cash than get sales. Ask yourselves who gets hurt by dilution and who benefits?

[ducatiman] 14/6/2018 11:07

Drip, drip.

[ducatiman] 13/6/2018 18:42

1.5m showing at 2.11

[ducatiman] 13/6/2018 16:33

Tongue in cheek ash but you never know. Someone is offloading chunks again daily.

[ashtree2] 13/6/2018 16:27

ducat....are you serious?

[ducatiman] 13/6/2018 15:44

TB is probably shorting us now!

[ducatiman] 13/6/2018 15:44

TB is probably shorting us now!

[sonie01] 13/6/2018 15:31

Thanks LR2

[ducatiman] 13/6/2018 13:41

A few others thinking same as you ash

[ashtree2] 13/6/2018 12:59

just added 100000 at 2.185 ....I am just hoping if and when they raise cash it will be at level nearer the 3.5 that director Sturge bought.

[lr2] 13/6/2018 11:49

Yes, but by indicating another money raising they've made it a lot harder for the share price in the short term. I don't blame the board as much as I do Trevor Brown. He decimated the share price by his pernicious selling over the previous 12 months. The board opted to raise a minimal amount at the very low price caused by Trevor Brown but they could have raised some more money (they still had the authority to do so) without calling for a special meeting. That is where, perhaps, they went wrong. Once the market was forewarned of a another likely raising lots of people sold up and pushed the share price downwards. And that is why the share price is where it is. When the clinical version of TexRAD sees light of day, that's when the share price lifts off.

[sonie01] 13/6/2018 11:29

What do you think peeps? Will it go up in time?

[ducatiman] 12/6/2018 18:46

Frustrating sonie. Just as the TB overhang was clearing management decided to hint at the next placing. I think this has caused those who took part in the last placing to sell, Charlton for example. Just have to let things play out. End game has to be a takeover.

[sonie01] 12/6/2018 16:10

Do not understand why this is not climbing!

[botack] 12/6/2018 14:45

someone stepping in @ the 2.12 mark to stop the slide , How long can that strongback remain in place . ?

[ducatiman] 12/6/2018 14:45

Nice bit of support

[ducatiman] 12/6/2018 12:51

GL Gym, no fear here just confusion, lol.

[gymratt] 12/6/2018 12:44

Be greedy when others are fearful !