RE: Can’t see us going any lower than 50p12 Sep 2025 09:21
I do, did you not read the latest RNS? They want to restructure the shares so that the new nominal value for each share will be £0.00015. That will take the share price down much lower than it is now. This will mean your shares will be worth virtually nothing. I was going to sit on the fence with my vote, but now I've decided I will be voting a No to the proposal. They will have to find some other means of raising cash, which I'm sure they can. I mean, how much money can they possibly raise at an SP of £0.00015? They would have to sell tens of millions of shares to make even a couple of million quid, which will only last a couple of months. Going down this route makes no sense at all, at least not for shareolders.