RE: Expect lots of small buys....9 Feb 2025 10:07
The derampers who have been banging on about the number of shares, you would think they would be happy now with a consolidation but no, which proves they were just using it as a something to bash with, you can't have it both ways, do you want less shares or not!!!
I think some missed my point around the number of shares it was all about market cap - the valuation is still the same of a company if you have 1m shares or £1 each or 100m shares of £100 each - however there are many reasons as to why a smaller number of shares is attractive as i have outlined, and as the company has outlined in the rns - and guzzler - the ii mention is in the RNS so maybe the writer of the RNS was drunk also if thats your take. II's come in many shapes and forms including small cap funds and those that specialise is microcaps or growth companies, or natural resources. A consolidation will aslo halp people buy, as said i could not buy more than 1bn shares on ii - it crashed their system as they are not set up for you to hold more than 1bn shares - i had to reduce to 99999999, after a call with them on that account - so again the problems of this volume of shares is negated by a consolidation.