RE: Jason WTF ARE YOU!?19 Aug 2025 13:41
Having issued an additional 1BN shares since IPO ...(600M during suspension) for all sorts of fees etc.......a lot of people will be banging on his door. They initially had ~£5M from the IPO and with the average price for the additional 1BN shares is 0.75 giving them £7.5M. Thus in total £12.5M "spent" on this project so far with zero to show except a suspended depressed share price.
Note AOU subscribed to approximately 143M of these @ 0.75p, then shortly after CMC were handed 100M of them at 0.5p ?
If the shares are suspended from trading, how can the company then still "sell" and issue loads of shares to CMC, AOU etc and receive cash during this period.....is this legal?