RE: Dilution18 Nov 2020 11:45
all my shares have a "nominal value" of 0.001p too, but that is not what they are worth. they are currently worth 22.5p. This issuing resolution does not mean they are going to place shares at 0.001p - why would you do that!? it would collapse the share price to the placing price - they are seeking (if they choose) to issue £750,000 of shares (maybe at a discount), but certainly not at a placement price of 0.001p. We have had these resolutions before, and its very much the same terminology seen in other companies.