RE: The recent rise30 Aug 2025 11:42
Red, not going to go back and check, ill take your word for it. But I will make a few points:
1, I don't think the company have any headroom, maybe a little as with each placing I THINK that adds to the 20% allowed? So maybe some warrants can be converted but not many.
2, related to the above... the £5.00 warrants had a 12 month validity.... that's coming up pretty soon, some headroom will open up 11th November, I believe the company should ring fence headroom to allow the £5 warrants holder to convert, the rest have plenty of time.
3, Sorry but I can absolutely guarantee that a few 100k of those warrants are not going to be touched for a few years. Some of the warrants are absolutely held by traders but a sizeable chunk are just off the table.