RE: Uncertainty29 Sep 2021 19:43
The fact is, I was probably right, wasn't I RNST. Unlike this little gem which makes you look a bit of a liar to be frank, since you want to play 'silly posts'.
Rubey posted
'Mr I, you clearly believe the primary school maths that was promoted by some of the idiots on here (that was you by the way). The value was set at 0.675p, which had been the average share price over the period leading up to the offer. Corallian shares were valued at £3.20.'
You posted
'And exactly who decided that the Corallian price should be set at £3.20 given that the last raise was at £2.20.
Not only did they issue 500mm shares they did it at a valuation almost 50% higher than the priceset less than 5 months earlier?... what's happened since then to add 50%??.'
To which Rubey replied
'RNST:
'the last raise was at £2.20.
That figure was set on 21st November 2019 - before Corallian were awarded the Victory gas licence.'
You posted
'Rubey
Wrong, it was set on 30/11/2020 357916 shares at £2.20 each. See companies house records.
Try to keep up.'
To which Rubey replied
'RNST.
https://www.investegate.co.uk/reabold-resources--rbd-/rns/exercise-of-warrants-in-corallian/202012010700040156H/
'On 21 November 2019, Warrants were issued to all Corallian shareholders on the register at that date'