Mcap and SP18 May 2026 12:51
"Following Admission, there will be 25,371,321,333 Ordinary Shares in issue."
So what does this mean;
At 0.015p (the placing price)
That's £3.8m Mcap. That's reasonable but is it fair? Who knows. We need more news.
There's a lot of companies with nothing and a Mcap of multiple times this.
Realistically the funding at this level and no discount is great and those buying the placing will want 20-50% profit before dumping.
This means it's highly likely more news is coming.
And this could (hopefully will) support a higher Mcap.
£10m Mcap would mean 0.039p SP more than double the current price.
Very easily achievable in my opinion.
The displayed Mcap is underreported currently, but there's a lot of room for upwards movement.
Hope all buyers and investors do well here.
Good luck holders.