Where do people see this heading ?6 Sep 2023 15:49
Forgive the newbie (post 2 and a small 2.8k @ 71.8p average holder) but, as far as I can see, before the fundraise there were roughly 67.2 million shares in circulation and the pre-nonsense price was £2.50 (depending on the time period when people think it all started) so the MCap was roughly £168m. There are currently 114 million shares at say 73p so MCap is £83.2 million. New CEO at the helm may balance out the loss of reputation so I haven't factored up or down either way for that.
My, short term, aim on this is that we get back up to the £168 million MCap so £1.47 per share and see where it goes from there. Agree / Disagree .... do people think that'd be wide of the mark in either direction ?
Again, newbie who only holds shares in one other company so feel free to give it to me straight and correct any assumptions you clever people.