RE: RE the bright side5 Dec 2017 11:39
maid - you have eitther got the blinkers on and/or you are attempting to put them on other people.
I don�t think you�ve crunched the numbers here. This is shareholder destruction on an epic scale to exceed anything they�ve done before (which was bad enough). I�ll lay it out before you:
Current shares in issue : 1,964,000,000
Shares to be placed inc open offer : 3,200,000,000 (yes you read that right.... 3.2 billion extra shares
PLUS warrants at the placing price (LOL) : 1,011,428,571
So, add all that lot together and you go from 1.964 billion shares now to 6,175,428,571 shares in issue (assuming that monumental pile of warrants are exercised). That�s more than THREE times the n7mber of shares currently in issue.
Anyone who puts money in here frankly deserves whatever negative return they will get.