RE: Can someone explain what this vote is for please?13 Apr 2021 13:20
It isn't for £250K its for the option if required to issue 250 million shares with a nominal value of 0.1p = £250K
It is a small 9.1% increase in available shares should it be executed ?? Not a a huge dilution in my view and any share sale would boost cash in the bank. So not sure why people are crying and making big about things about "Dilution"
If I had any dry powder left I would continue to add to my holding here and await the expert BOD to work their magic.
GLA