Member Info for Ssccss

By the way, you need to go back further in my posting history. I actually defended the choice to take the CLN. Hence why I'm stuck here.

So Red, what are they going to do about the fact the nominal value is 1p and we are close to that now?

I mean just look at the title of this thread. "Bargain of a lifetime" . More accurate would be "shares in issue about to double"

It's the facts? Did either of us have anything to do with this debacle? Don't shoot the messenger. I don't want LTH to average down now when it's going lower, just so people can flip their shares and make money out of us.

Agree mrshoubs. So transparent.

Nice little pump so placing shares can be flipped.

I guess the obvious thing is they can keep the nominal value at 1p per share but in today's prices, it will be possible for the SP to fall below 1p. Yes, I assume they will consolidate rather than change the nominal value. We are very close wise to 1p right now. 1p now is 2.30p in old prices. Before the covid RNS, we were around 2p do the current structure is flawed surely?

What would consolidation mean for PI's?

After today,

Following Admission, the Company will have 979,749,321 Ordinary Shares of 1 pence each in issue with voting rights. The Company does not hold any shares in treasury. This figure may then be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

So 2.3 times as many shares. So the new 6p is the old 14p.

2p is the old 4.6p
5p is the old 11p

Correct?

Found it. From the prospectus is January 2021.

The Company’s entire existing issued share capital (the “Existing Ordinary Shares”) comprising in aggregate
433,636,255 ordinary shares of £0.01 (1 pence) each in the capital of the Company (the “Ordinary Shares”) as at the date
of this prospectus is admitted to listing on the standard segment of the Official List (“Standard Listing”) maintained by the
FCA (the “Official List”), in its capacity as competent authority under FSMA (under Chapter 14 of the listing rules published
by the FCA under section 73A of the FSMA (the “Listing Rules”)) and to trading on the main market for listed securities
(the “Main Market”) of London Stock Exchange plc (the “London Stock Exchange”).

Does anyone know the number of shares in issue in Jan? I'm trying to ascertain the dilution so far. Was is 370 million shares or 430?

Tuan, when you say fly, how much can it fly with all the dilution?

Very loyal of you. Hope he repays it!

And now they have done a placing with immense dilution at 1.5p, again shafting existing shareholders. Seriously, you are defending these actions?

Ollie, I have to say, considering there is a very experienced financier on the board, this particular scenario came out of left field for most! I am absolutely astounded that hemo have destroyed the SP and LTH shareholder value by taking death spiral financing. The board are supposed to protect and promote shareholder value. Not decimate it. This is NOT AIM.

In case you aren't aware, not everyone will be in a position to average down. LTH have been completely screwed over and you know it. Don't try and paint it like we aren't sitting on a pile of crap.

JHFH, regarding your ramp early this morning, has it been strong day for the SP??

With an average of 3, I'm not surprised. What about those who have averages of 6,7,8,9,10??

There's not much healing going to happen. Most of us will never see our money back. You on the other hand... seem to have done okay. Wonder why that is.

Exactly Bline. Toxic situation.