RE: SP status1 Apr 2026 15:59
This will NOT sit at 0.6 for long this will keep going down, it has gone below every placing price before what makes you think anything differnet this time!
Here is a breakdown of the trends regarding Helium One's fundraises:
Discounted Placings: In March 2026, Helium One raised £3.5mn at 0.6p, which was a 17.6% discount to the previous close. Similarly, in December 2023, a raise at 0.25p saw the share price fall by 78.3% to 0.245p, dipping below the placing price.
Persistent Dilution: Due to its status as a pre-revenue explorer, Helium One has repeatedly raised money, increasing shares in issue from 139 million at listing to over 10 billion by March 2026.
"Orphan Period" Pressure: The stock is often characterized as being in an "orphan period" (waiting for commercialization), where excitement about drilling results (like ESP testing) is often followed by a crash, creating high volatility.
Short-term Impact: While the capital raised is intended to keep drills turning, the immediate market reaction to the increased share supply is often downward pressure.