RE: Placing17 May 2023 17:35
Retail shareholder stuffed. in fact any shareholder. this will drop now to 20p they nearly always drop to the placing price.
So £30m placing shares plud £3m retail offer. £33m total at 20p = 165m new shares. Currently there are 805.52m shares in issue. new total 970.52m so 20% more shares. I had potential target price of around 20p. might under go a little under that.
what did you make of the update and forecast?