"Mr Symms, can you explain why investors that were locked out for two years with a high probability of a total loss to their holding have not made a single penny of profit"
Thanks for that, I keep hitting a dead end with those guys as my position is via IG as a spread bet so I’m not on the shareholder list. So they won’t tell me about the latest status etc
But where has the 0.10p come from? From my understanding that 0.10p is the price of those shares issued in the fundraise. We do not know the go live price yet do we?
Yeah that is fair enough. But on the consolidation alone we have lost 50% of our value assuming we bought at £0.01 I can't wait for tomorrow, I hope we get to ask questions live on air.
RE: Trevor Brown: Follow the money5 May 2021 16:54
Maybe they are moving into something more futuristic like sand printing or 3D printing... F1 engines use sand printing and a lot of high end cycling bikes are being made using printed titanium
"Under the terms of the consolidation, you will be credited with 1 new ordinary share of GBP0.05 in exchange for every 500 existing ordinary shares of GBP0.01 held."
So if I had 499 shares of a price of 0.01 I would not get 1 share worth £0.05 so with that logic I have lost half of my value?
Now I know we think the go live price is £0.10 to get us back to break even but this is an even worse deal that I first thought.
I have lost half my value and they hope that we go live at £0.10 for you to break even at the last traded price before suspension...