RE: Agm4 Aug 2023 18:13
We have always known this was coming at some point so we shouldn't be surprise, 46b in issue was always going to be unsustainable, but 10k to 1 has beaten all my expectation, so there must be a huge RTO to come, and they certainly don't want people holding 200m of these and start beating on the price on any rise, when it kicks off, and JV certainly would not want to see a SP at micro micro prices if they want to build a billion pound MC CO if it's the military DRONE Market they will be attacking, as that is huge worth billions of dollars, and still rising as army's across the world transition from hardware to software to fight wars and crowd control..
I'm happy with this move, i only hope they would have done it before we come back to market and sorted out what they owe to EHGOF and everyone at the same time, but they can't please everyone I suppose, but with 4m in issue, the selling will dry up and the move north to £1 will come a lot quicker than we would have imagine, and now that we have that date of the 28 this month, we are going to see some huge buys from now on IMO, as people take position to get a bigger slice after consolidation, you never know we may see a breakout back to 0.017p before that date for a higher SP on the day who knows it may be 70p when it all goes through, I'm quite surprise they did not suspend the shares until it's all sorted out, perhaps they want to give us a chance to load up ???
GLA whatever you guys decide to do from now on
ATB