RE: 0.2p >>> 2p >>> 20p...!18 Feb 2024 10:57
*A re post on the topic of dilution in relation to SP*
James is fully correct, and of course it would be absolutely ridiculous, biased and unfair not to look at how many shares are now on the market in February 2024. We all know it was diluted to hell including 70% on 21st December 2023. No one should discount the amount of dilution in this share.
It would also be equally ridiculous to try to compare what HE1 have now achieved, and the results they have revelaed so far in Jan/Feb 2024 with 2023.
What HE1 now have compared to the position they were in July 2023 [SP hit 9.6p] and most definitely the precarious situation of November 2023 [SP still hit 6p].. ..would be totally incomparable.
They now have 4.7% Helium & Hydrogen that can be monetized [Lorna quoted on 5th Feb], they own their own rig now and the world is watching after a most successful drilling campaign in the "Tanzania Helium Hot Spot" 🔥
https://uk.finance.yahoo.com/quote/HE1.L/history/
⏫️
Check the SP history for yourselves