RE: Fund raising.21 Jun 2019 01:38
3 - 5 years is lol , if next year profits return to 40 - 50 million, market cap would be 250 million all day long.
Just depends how many shares they issue in the placing.
I think worst way your talking 74 million shares at 50p
Taking the number of shares to a grand total of 100 million shares still took all on the scale of things.
So if next year this company is back to 40 - 50 million profit per year ... your talking 250 per share.
Got a sneaky feeling 50 million shares at 75p will do it. If that happens there will be rockets and boom every where.. metro style rise boom