RE: D m h in the past8 Apr 2019 16:39
Nextlink, I dont think you're reading Resolution 13 correctly. Second paragraph
This Resolution, which is conditional on Resolution 12, will, if passed, give the Directors power, pursuant to the
authority to allot granted by Resolution 12, to allot equity securities (as defined by section 560 of the 2006 Act)
or sell treasury shares for cash without first offering them to existing shareholders.......
Note the word "WITHOUT"
This effectively means these shares can be issued and the new HWC could come back with a market cap 5 times its closing valuation at suspension and long term holders are no better off.
If HWC comes back to market as a £50m company and all the treasury shares are released. We could be looking at a 10 bagger. Thats a big ask.