Member Info for firepisces

It can always be difficult to find the bottom of a share price.
I think we have seen it. I topped up at 196 last Friday literally JUST before the one hour plummet.
The RSI downtrend since March is now broken. Volume has picked up. Let's see if it can continue. GLA.

Seems like the new consortium realised how useless they are

Disappointing.

https://www.locationsciencesgroup.ai/investor-relations/documents-circulars/

You're welcome

13. Issued shares and total voting rights

As at 8.00 a.m. on 25 May 2021, the Company's issued share capital comprised 2,605,087,398 ordinary
shares of 0.1 pence each and 1,040,712,398 of 0.99 pence each deferred shares and 376,651,734 of 0.9
pence each deferred shares. Each ordinary share carries the right to one vote at a general meeting of the
Company and the deferred shares hold no voting rights. Therefore, the total number of voting rights in the
Company as at 8.00 a.m. on 25 May 2021 was 2,605,087,398 ordinary shares.

Consolidation, then an open offer subject to special resolution 7.
Same crap from only just over 2 years ago!!!

Has Aerial hijacked your account

Fully diluted shares including warrants = 4,705,337,398

So what's first...reorganisation of share capital to below 0.1p nominal, or another consolidation..? genuine question

Fully diluted shares including warrants = 4,705,337,398

So what's first...reorganisation of share capital to below 0.1p nominal, or another consolidation..? genuine question

Different situations..different business. Did they have warrants also? That is key

"Who would buy any at all at this price when it’s going to drop to 0.20"

Finally someone with some sense on this board.

are seriously deluded

Enlarged issued share capital following the issue of the Placing Shares, the Subscription Shares and the Fees Shares

2,517,837,398. (today = 587,337,398)

and that's not including options and warrants...

" at least we held our position as global leaders and gained good market share"

What land are you on!?!

Ok they are loss making. No formal sales in place. Still drilling. Still in DFS phase. Still awaiting results...but valued at 30mln. Not mining or extracting. And still raising cash through share placement.

" Institutional investors holding new shares will definitely speculate on the stock, pushing the stock price above the issue price."

The garbage that some people post is astonishing.
The only reason why this is down is because it is a dog.

Hmm. Hope you are correct

Good update. Though no mention of dividend reinstatement. Could fall. Hope I'm wrong.

Was accredited to provide CBILS loans to SMEs during pandemic.
6 months to Nov 2020 recorded total equity 56.5mln. vs. 55mln.
Cash 2.6mln vs. 821,000

Price to Book = 62p < current price 27p therefore = cheap.

So why do you think it is not cheap?

Agree with you. Except IG Group hold 70mln in crypto assets. Using VIX as a gauge, volatility has reduced considerably. I would argue recent SP increase to 9.5 ATH is due to crypto rallying. That's why if it drops, we'll see this drop too.
Just a thought. IMHO.