RE: RNS23 Aug 2025 07:03
" However,if you divide the number of share in issue ie circa 650m and divide it by the new share in the open offer you get roughly 1 for 50 so I guess it will be in the region of this. "
Shoot me down in flames, but I think the way to estimate is this :
Start instead with the number of shares held by small investors i.e. like us on this BB. Then estimate the no. of shares held ( e.g. 10,000 people holding an average of 10,000 shares = 100million shares ). Now divide by no. of shares ( approx. 13million ) in the open offer.