RE: RE: 5 to 1 shares28 May 2026 11:41
@ Nigel @MSA
There's no reason why the share price should jump 5 x because of the consolidation - the contemporaneous IPO includes lots of dilution.
I had 6m shares at a suspended share price of 0.1p and shares in issue were about 1bn so the LOGP cap was about £1m
Now I have 1.2m shares and the mcap is about £2.7m (I think, roughly, as shares in issue about 2.7bn?)
The share price is the same, roughly, about 0.1p
So, I think that's right, but of course I'm not happy with the drop in value, but inevitable because of the dilution.
Please let me know if I'm wrong, i'd be happy to be!
I'll hold for the future. Blegh