RE: Cluster buster RNS last Friday, CTC DNA analysis today ...29 Jan 2025 21:26
Jelenko.
"Carrot,
You are joking of course 60p to buy this IP is crazy, look the sp. now is pathetic and been trashed by uncertainty and MM's robbery. You can bet any bid will need to be close to £3 minimum for the board to even consider putting it to shareholders. That may sound odd now but only given how the ap. was trashed. It was 170p on FDA and has to go way above for a bid.".
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The higher the price the better. Note there have been 2 placings since the sp was £1.70. The extra shares dilute so. So the amount of shares back then x the sp @ £1.70 = old market cap figure. But now millions of more shares have been issued the same market cap would be achieved at an sp far less than £1.70. I believe for any bid to succeed at the moment it would need to be 60p plus per share. I'm long so the more the better!!
All IMHO.