RE: Post by Ricus Grimbeek1 May 2024 09:35
Shuvlin I don't agree shares in issue is immaterial. Shares in issue X share price = market cap. Every time more shares are issued: 1. Our share holding is reduced and 2. A return to 20p is harder as market cap has to be higher ie the company bigger, more profitable than previously to meet that sp. For me, the share giveaways, particularly the number and frequency of warrants, really irritates. 120p could be possible actually if there was a share consolidation, but obvs we would not necessarily be much better off!