RE: Sentiment25 Jul 2018 17:19
"I suspect that's why the share price is low and won't rise significantly on any good news. TOO MANY SHARES IN ISSUE!!"
If say some reserves were proven up and it added GBP 60m, all things being equal, to the value of 88e the share price would double so your holding would double. It's irrelevant whether there is 6 million or 6 billion or 600 billion shares in issue. This "too many shares in issue" canard is nonsense. With GBP 1k you can buy exactly the same percentage of ownership in 88e however many shares are in issue. Capitalisation is all.