Member Info for Ssccss

George may be buying but he clearly stated it was a gamble.

Don't knock it hedge lol

£8m at 2p is....a lot of shares!

Apologies for posting twice, the first one didn't appear so I thought I had lost it.

In a nutshell, £4m converted of £12m. The lower the SP, the more dilution occurs. Hemo have borrowed £60m in total from Mint but have only drawn down £12m. It is all in the RNS's and in the Mint prospectus. Minimum conversion price is 1p, so funding is currently looking like a significant issue.

Hemo have borrowed £60m from Mint. They have so far drawn down £12m. Mint are converting at quite a pace to get back this £12m with profit. So far they have converted approx £4m so they have another £8m to go. There is no fixed conversion price or number of shares. So the lower the SP, the more shares Mint convert and therefore the more dilution. However, Mint cannot convert below 1p. See the prospectus or RNS for more information. Hemo at the moment have no other funding options that we are aware of. Additionally, they will have to pay back 114-120% if they cancel the CLN. If you are going to invest here, you really need to do some reading.

Sorry that's is supposed to say investing in Hemo.

To be fair, I did start investing in a couple of years ago and I did actually make a good return when I got out after covid. Then I got back in... and the rest is history.

Hedge, I'm pleased to tell you that Hemo is the worst investment I have made to date :). Good luck to you too.

Hedge, your logic is so flawed. Have you heard of investing in property, funds etc... not all investments are high risk. There are many ways to create a decent risk profile.

And actually, please help me out as I admit, I am struggling to find a good word today about hemo right now. Might he something to do with the massive loss I'm sitting on and dire situation we find ourselves in!

If you really wanted to, you would have checked my history and known that. I guess you're hoping others will be too lazy to check and will just take your word for it. I don't think that's worked out very well for them in the past.

Fortunately, I have actually made a very good return on my other stock and it isn't needing resuscitation so I don't have to pay too much attention to it. The rest I leave in much lower risk investments, I'm not a gambler.

Hedge, I actually post on another stock too lol. Say what you like. Unfortunately, I am invested here. You really aren't very tolerant of reality and facts.

In 5 days we have dropped another 27%. Didn't think it would be this quick.

Thanks Aspen. Something to consider.

Difficult to tell if they are all buys...

Yep...gambling is the only word for it.

He only has £4m so far...

Aspen, the company.