More money is likely needed , dont be suprised they ask you for some more, rightes or placing it all has the same effect. but in this case i feel a good.
thing

cash now @ £ 2M may 2016 oct more cash wanted has been said before on bb ends.
S/P 16p 4.5.16

fum news today, headlines made to look good using large numbers, just in time
for next round of funding fum almost broke, see results 13sept.time of writing
s/p 63 its a gamble. BB

Even more-so at 80p after this "good news" - Eh? Surely that's what their products are supposed to do?
+Why would any result be a surprise?

Is this MM hoping to attract new investors, prior to the Placing, etc. DYOR.
If the placing is 50p this means there is a better chance of it "getting away" as it looks-like a better discount . . . but I recall this was as much as £1.04, wasn't it - when folks thought this was the new beginning . . . . but then they sold the condoms to Durex for v.little Royalty . . . since there is Still NO dividend.
+++DYOR.
EDIT(19Sept2018)- Yikes, a modest RNS has sent the shares to 15p - one might think this was because the product has failed - but it seems it needs to pass Ph3 ( wasn't it?).... so there is a longer delay before profits. Slightly odd IMHO, as anyone following closely knows this..... there may be further to fall.
EDIT(20Oct2018)-Following Fundraising, ~£5m raised at 7p.... The Offer was for £6m, so they offered shareholders - whereas DYOR they had been excluded - Oh Dear. Also, I heard on R4 there's another condom with "Feel" which it's said will be a disrupter by 2020. However, it's not for "dysfunction" that FUM is aiming for. Rather "low friction" and hope this might halt AIDS rising.
Today, FUM is 7.2p mid . . . so I bought a few.

more money for fum oct placing , no money for investors maybe 2017 ? just more kicking the can down the road. i am reluctant to pay over 60p BB

more money for fum oct placing , no money for investors maybe 2017 ? just more kicking the can down the road. i am reluctant to pay over 60p BB

placing £ 1m left to run fum dec 31st last cash call 10-3-14 12m @ 57p BB

paid 59.65 today on r n s L S E shares golddust says worth 3 2 5p BB

What will today bring?
Held their gains yesterday

results day , south american deals ? or other deals most likely, r n s inferred this
last time. BB

nothing to do with fum american e mail talks about huge gains on usa approval fo r american company viagra product , same as fum ?