RE: State of play6 Sep 2024 11:02
Nobody knows if all the placement shares have been sold.....
This is true and nobody knows if all of the placement shares from all of the placings since the birth of HE1 have been sold either. BUT you can be sure that lot's and lot's of placing shares have been sold.
It's a massive red herring though. I have held plenty of shares bought at various prices over the last couple of years including at .25p. Have I sold all of my lower price shares? Maybe some.
There are more shares bought by PI's that were bought for less than the recent placing. So apart from the immediate period following a placing - so what?
This company has moved to a different phase. The content of the mining application will be of interest as it should continue to firm up the cost and value short, medium and long term of the asset. But is is a proven helium asset now and that is a huge difference.....