RE: £40M increase for £7.5M? Something doesn't add up IMO2 Jul 2021 10:36
Plus you could argue that they didn’t ‘pay’fir the other 50% rather offered shares in the enlarged company - which, incidentally, have already doubled in value. Still can’t believe it was possible to buy at 13p on the day of announcement.
Pre consolidation Znwd was a company hoping to consolidate the asset and was therefore valued accordingly with the risk - rather different prospect now...