Oh dear God Castle7 Feb 2025 09:45
Extending the life of a deep out-of-the-money warrant is aomehow a positive. At best it means absolutely nothing whatsoever.
Maybe the RNS of Dec 23 is more relevant:
Following the passing of the resolutions, the Company has granted the 30,618,170 options (the "Options") to certain directors of the Company on the proposed terms set out in the notice of general meeting announcement on 15 November 2024, as follows:
The Options have an exercise price of £0.00247. The Options will vest over three years in 12 equal portions, with 1/12 of the Options vesting at the end of each quarter following the date of grant.
Oh dear God Castle if you hadn’t proven to be so incredibly stupid over such a long period of time you could actually be quite dangerous. Fortunately, I think you’re only a danger to yourself…..