RE: can this go sub 2p this week?26 Apr 2021 18:36
Company will have 524,193,766 Ordinary Shares so from 434 millions share now it is over 524193766 share . nearly 100 millions on first 3 millions at price so on if they do this on next state when share down 20 % each time and 9 time more we will have more billions share at the end when share down value the same money can convert more share then and if share is 2p so number of share will double that is concern for most of us. if share down more than 2 p there will more share number out to convert to 1 million pound. in that situation it create double effect on share price .
Hemo cant get it out now and share is not up price to reduce number of share and how can Hemo pay back Mint 9 million if they want to cancer that deal any way? they dont have income. they dont have anything can sell at them moment , there is no place share for them either so it is going on like this in the end and we will find out soon how bad it can go.