RE: Nominal value30 Apr 2026 09:02
Roger has confidently explained a mechanism he doesn’t understand, using numbers that don’t matter, to predict an outcome he can’t possibly know, based on assumptions that are wrong.
Give me a little time on this and I will break down EVERY wrong assumption Roger has made here.
The most blatant is that Nominal value is nearly hit at 0.06p — then they can’t convert anymore.”
Rubbish, nominal value is not the same as market price.
Nominal value is the par value written in the company’s articles — it could be 0.1p, 0.01p, 0.001p, whatever they set.
A share can trade below nominal value on the market every day of the week.
It does not stop conversions, It does not freeze funding, It does not trigger some magical “company hits a brick wall” event.
The only time nominal value matters is when issuing new shares below nominal value — and even then, companies simply reduce nominal value or consolidate. AIM companies do this like most people breathe.
So the “0.06p = end of the world” line is pure Roger‑maths, he cannot recognise the simple facts involved, and worse still posts as if he does.
OSD - I'LL BE BACK !!