RE: Blue by 2?17 May 2024 18:19
PageofCups
You clearly don’t understand the terms of the capital raise. I admit the RNS is unclear, almost as if they want to deliberately mislead.
“The Warrant is initially exercisable at a price of 1 pence per Ordinary Share for a period of 45 days from Closing. The exercise price will be reset on the 45th day after Closing, following which it will be calculated as the average of the lowest five daily VWAPs of an Ordinary Share during the twenty trading days before the receipt of a Warrant exercise notice by the Company, less a 15% discount”