RE: 💩 Placing 💩 - Bloodbath coming.24 Sep 2025 07:20
I’m slightly confused. I thought there were about 665m shares in issue as of yesterday and 400m are to be added now.
From the RNS - ‘ The Company has successfully placed 1,598,750,000 Placing Shares at the Issue Price with investors made up as to 400,000,000 Firm Placing Shares and 1,198,750,000 Conditional Placing Shares raising gross proceeds of approximately £3.2 million.’
That looks as if all the new shares, 400m AND the further 1.2bn have all been allocated already. Who has taken them? So deliberately complicated as to hide the truth of what’s really going on from ordinary share holders. This should not be allowed and these directors should be investigated.