RE: I'm going round in circles....can anyone help?I'm going round in circles....can anyone help?Today 16:51 Assuming the current sp includes appropriately pre placing share plus 75% of the unconditional placing shares? On Thursday the placing completes with the 25% conditional share stock. Assuming the current sp = 2.66bn pre-placing stock+0.4bn firm placed stock...= current 3.06n stock. This Thursday and assuming the conditional stock is approved the sp will rise by 0.266bn stock. So pre Thursday, assuming the current sp remains 0.37 to 0.4.....then a dilution 8.7% reduces the current sp to 0.34p to 0.38p On thursday hopefully we get positivity to raise the sp significantly .. Am I correct? If not please correct me.22 Jul 2025 18:38
Hi Fredd1eboy,
Yes your getting very confused here.
"Immediately following First Admission, the Company will have 2,391,762,925 ordinary shares of £0.001 each in issue.
Immediately following Second Admission the Company will have 2,658,009,682 ordinary shares of £0.001 each in issue."
So when all is said & done there will be 2.658 Billion shares in issue.
Of the conditional placing of 266,246,757 new Ordinary Shares which needs approval on Thursday, the CEO Dr Adam Hargreaves is taking 33,333,333 of them (£100,000).
The share price has already factored in the conditional placing, so don't expect it to move on Thursday
I hope that helps explain it all to you.
LOTM