Nice surprise21 Feb 2016 23:09
Have been holding here for ~2 years. Also involved in PREM so have been focussing on that for the past few days. What a nice surprise to have a look at the FAST board on a Sunday night and see the news!!
Does anyone have any views on where this will take the share price to? My thoughs are...
Current Equity = 346m shares x Current SP (2.9p) = ~£10m
Future Issue = 250m shares x ~8p = £20m
Total Shares in Issue = 600m @ £30m = 5p per share.
Then the question is how much of a premium do we add on top for the opportunity...... Even at a very conservative 25%, it takes this to 6.25p...
Anyone else have any views...?