RE: Exceptional Value17 Mar 2025 22:56
Sham they can't place below 1P,Nominal Value 1P
Last placing in November 11p at a 29% Premium,read the RNS.
If they do a placing it will be at a Premium,Schroder who subscribed at 11p will most probably subscribe for more shares.
We are in a Offer Period,so no placing at the moment.
If they end the Offer period and conduct a placing it will be at a Premium.
Anyone holding now is in a win win situation
Only 176M shares,with low free float..
The company has Zero debt
They will get the finance to enable the completion and receipts of outstanding contracts.
This will surge on any eventuality from down hereFundamentally this is Exceptional Value and with therefore great upside.
Let's wait for the news.