There are currently no plans to issue “billions more” shares. Management have made it clear that there won’t be any more fund raising until the SP is greater than the underlying Nav. As and when that happens, there isn’t a dilution effect anyway.
Goodness knows! We can only hope that StopAnimalAgri is right at and some point soon the market catches on and the SP pops. The publicity in the main press at the start of the year pushed us up rapidly to 14p. Think what some sustained interest might do!
Hmmm, if they're currently buying back, they're doing it in such small amounts as to be imperceptible! Not long until the end of March. TBH the way it's been going lately, I'm expecting an RNS something along the lines of "due to unforeseen circumstances we've postponed/cancelled the announced buy back". Such a shame as ANIC has so much potential as a company.
Where?! I can't find any mention of 70% in the RNS announcement?
Seems like an odd thing to go to the trouble of announcing and then not executing on? Although I agree, it's upto £3mil, so could be £1, which wouldn't acheive anything. Surely at that stage though (i.e. no substantive buyback) you get into dangerous waters re stock price manipulation?