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I didn’t think there was going to be any consolidation but even if there is that’s not a negative thing in of itself, it’s where the sp opens or runs to that is obviously what determines value, I don’t mind having x10 less shares on paper if the value of them rises x10!
2.5p + would be even better, hope you’re right!
In that case should see 0.50 + close as soon as close on Friday 11th April bearing in mind the volume would be a strong one that day if 200 mill worth of buys are guaranteed!
It could be the case that many wouldn’t have be allocated as many shares as they wanted so will just pay whatever the market rate on the open market on 11th April.
Don’t think the major holders are going to be too pleased being 40% down from the start, the BOD from both sides hold plenty of shares from pre suspension prices hence why I’m confident that the sp will kick off higher than the 0.18 price pre suspension
Honestly? I’d be satisfied with a 0.30 opening sp! Presuming it holds and then runs far higher over the following weeks and month to my first slice target.
Didn’t think there was any consolidation?
What should we anticipate the opening sp to be? 0.30-0.50 range?
£1.50-£2 would be a decent kick off sp. Should find out either way soon at least.
Your mental illness makes you hear 14 voices? No point in backtracking, you stated, often in capital letters, that the company would not be coming back to trade at all so it’s just embarrassing for you to be attempting revisionist history once you have made yourself look absolutely clueless.
Yes, prospectus surely must be out within the next couple of weeks you would presume.
If you vote no then you are voting to end up with literally zero, I get the emotion of wanting to see the BOD end up being screwed but by voting no you will be screwing yourself effectively.
No 10-1 consolidation like Tennyson predicted?
Could open up anywhere between those two figures, all will be revealed on 11th April.
Sounds decent then, 1p open on 11th April will be very nice to see for pre suspension buyers and hopefully longer term holders will be in profit in the not too distant future.
Turns out Tennyson were incorrect all along with their projections as no consolidation! Just goes to show that a lot of the time brokers arnt as in the know as some think they are!
So if raised at 1.1 then you expect the sp to open around 1p?
0.25-0.50 opening price would be fair to all. Let’s see.
Just keep ringing the company and see if they can give any info on what’s happening?
Did anyone manage to get through to the company? They are cutting it very fine now if SH vote is still this Thursday? Or is one or two days notice from admission document to SH vote normal procedure?
Should presumably get news either way this week then bearing in mind the vote is scheduled for 24th March as things stand anyway
Didn’t they state in the RNS that if they can’t complete then it’s basically game over? So won’t really be a drawing board to go back to will there?