RE: LUCA14 Jan 2025 17:19
RNS of share purchase: 5,715,000 shares at C$0.35 per Unit representing £1.178M or C$2,000,250 and 2,857,500 warrants at C$0.50
Today's SP is C$0.74
5715000 @ 0.74 = C$4229100
2857000 warrants @ 0.24 [the in the money profit] = C$685680
Value of shares today = C$4914780
At today's exchange rate = £2807936.68
That is over 50% of the current m/cap of circa £5m