RE: Sp on rns1 Feb 2020 08:18
Personally think this is a simple case of market mechanics. Supply vs demand of shares and maybe indicative of where ggp was when it was 0.02p.
I have higher hopes for this- I’ve switched off a bit but sometimes it can take a bit of time for fruition. Also we know there are warrant sells so when it seems to get going it’s getting knocked back.
Also with a low mcap, the initial concern is dilution as a higher % of the mcap. If for example this was say at £50 mill mcap now, it wouldn’t be a worry as say raising 2 million quid would be peanuts in the grand scheme. Raising £2 mill at this mcap would mean the sp could be punished. So it’s just a case of getting out of this range and letting the bod get on with what they are doing