well no it makes no sense a all as the prospectus clearly says there can not be more the 1.4billion shares in issue and 300 odd of that is convertible at 2p plus so please tell me where you have got 1.4 billion from?
why cant they tell us a basic thing like how many shares left to convert surely a research company who a re supposedly getting paid for things like this would answer this question fairly easily?
no one understands the financing structure as there is no mention of penalty shares in the prospectus so how about you research that and actually show what your getting shares in lieu for? any one can say oh the companies now on a better footing due to financing etc.
at a 7p bid it will cost him £60.2 mill considering he was willing to pay £100 mill just for one part of Debenhams could he offer £100 mill for all of it @ 11.6p im sure hed get it that.
it is indeed but still takes time and effort that could be spent enjoying the weekend rather then posting on non interest shares. but then again that s probably your version of fun.