Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Theanalyzer, I can't argue with those principles as they are valid, however for the purposes of the MCAP explanation these are points that are , as at today unknown. The warrants may not be exercised, there may not be further dilution, the company could become profitable tomorrow.
What is the probabilty of the above assumptions happening? I would be inclined to agree, based upon the facts as I seem them today, fairly probable. Anything can happen and I am hopeful that the business will become fully active very soon.
I suspect there is a mathematical certainty that warrants will be executed, if the business becomes a massive success, why would't the holders execute them. As regards CLNs being settled and current operating losses, only time and patience will tell.
So if you consider the MCAP in August 2020 at the highest point
0.80p x 32.755bn = £262m MCAP
to get to the same MCAP, the share price needs to reach:
£262m MCAP /43bn shares = 0.609p per share.
0.6p is clearly the new 0.8p
Not doubting it, however they have not yet updated their website
https://www.finanza.tech/comunicati_stampa
I suggest that you clarify this with HL again as the HL advisor might have given you incorrect advice.
https://www.gov.uk/guidance/stocks-and-shares-investments-for-isa-managers#qualifying-investments-for-stocks-and-shares-isas
https://www.gov.uk/guidance/stocks-and-shares-investments-for-isa-managers#shareinv
SYME shares should be fine as per the above HMRC guidance.
I've had a similar message from HL.
Warrants are not eligible for the purposes of an ISA. The ordinary shares held are okay. You just need to have a Fund and Share account open by 19 September 2022, according to my message.
"I think 3 years late is more accurate." That is a statement that both adds no value to the conversation and displays contempt and utter ignorance to what has happened. Had you been a genuine investor I may have cared to have educated you to the varying nature of change and evolution. As you have displayed, on numerous occasions, the inability to evolve, there is little value in doing so.