RE: value attributed to shares18 May 2022 02:02
As ever in these situations, it's nothing for shareholders - see here:
https://www.pwc.co.uk/services/business-restructuring/administrations/mccolls/shareholders.html
The whole sorry saga is documented here:
https://www.pwc.co.uk/services/business-restructuring/administrations/mccolls/documents-to-download.html
Don't forget there'll be handsome fees to be taken by the administrators.
Many questions need to be asked by shareholders, especially around the last fundraising (as the above document suggests it was known the business was in trouble just a few weeks afterwards), the various roles played by pwc and why an offer could not be secured to avoid admin.