any share issue17 Jul 2020 15:11
can be lower than 5p if they restructure the share cap (subdivision and reclassificaiton). however, given market cap, i would doubt that. it might happen if there was too much volitility or billions of small holders - both of which not the case here.
on the other hand, a private placement can be above market price. rare, but happens. happened with SOLG.