RE: UP and away18 Jan 2021 10:31
JustHere - I'm afraid I am still struggling to understand the relationship between the share price pre- any RTO and after, because, as you've identified, anyone who has shares before that news becomes public is likely to be locked in as the share gets suspended. Traditionally cash shells are valued at something like 0.4M plus the cash in the bank. If that is the case and there is 1M cash on hand then with 57m shares issued that should lead to a valuation of 2.45p so the currently 5.75p looks pretty racy.