RE: Question??30 Nov 2024 18:11
Hopinforagain
Aim shares are not restricted they can issue as many shares they want....with main listed shares...rule is u can not issue more than 20% shares in issue...unless you issue new prospectus.....ppp have previously lent shares out..from existing holders...these shares are still owed to them shareholder..,still pending...until new prospectus is issued....imo these guys are in no rush...they are trying to create value....right now...there is hardly any shares to be lent out...
11m shares have been issued since 1st aug....they can only issue further 8m uhtol 31st July 2025...unless new prospectus is issued...
It is only my view...Nnew prospectus will come...with it new asset..in way of rto...this is where this £30m minimum requirement to be listed on premium list comes in....basically imo they will kill two birds in one go....owed shares (50m) given back and rto in one new prospectus ( just my take )