Bought in by chance6 May 2023 01:21
The c.v. of this co is £6M my shares are going to be reduced in number to 2% I.e. 1 share for 51? A RTO into Eco is taking place and a placing has occurred for £30M which will mean there will be circa 68M shares in issue and the co will be worth circa £35M?
There are contracts in place for business worth £114M due over the next 3 years. If those produced net profit of circa £10M/ annum PLUS all shareholders on the co register prior to the end of May will be eligible for a share of a claim worth potentially £195M
So on Tuesday what will happen to the sp?
Personally I think there will be a large demand. Could this do a MIRI? Quite possibly but there may be a lot of changes in shareholders as many take profits through the early stages of next week.
Bottom line very interesting and IMO the sp could rise on Tuesday to 2.5p possibly higher.
Let the party begin!!!