Just to put it into context Marks and Spencer only have 1.65bn shares in issue and an M Cap of £7.1Bn. So people really think that RRL with 3 x more shares in issue could become a £2.5Bn company i.e. one third the size of Marks and Spencer?? Really..
Malcy might be right with 50p he just conveniently omitted the "Consolidation" word and a 20:1 reduction in everybody's holding..
Anyone heard from RIG lately? Not a member of their site, but used to hear snippits on here. CH or Lewis... As founding members of RIG, can you give me a quick update on recent activities please. Cheers. Nov
Because it's the MCAP that matters. So whether you have 100 shares in issue at £1 or 1000 shares at £0.10 it's the same MCAP. So it's irrelevant. What matters and will drive the SP is the performance going forward.
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