RE: Sliding share price11 Feb 2022 09:13
Blue
From the rns I have copied below. That's why I draw this conclusion. For everyone else let's just wait until 26th Feb before you poo poo 3p. Also yes as I have consistently said I decided to trade about 10% of holding just to not miss out .currently I have 1.7m shares so more of an investor than a trader thank you
The Board is of the opinion that the high number of Existing Ordinary Shares (currently 3,403,470,791) and the low absolute share price, negatively affects investors' perception of the Company and considers the Consolidation to be in the best interests of the Company and its shareholders. If approved by shareholders, the proposed Consolidation would reduce the number of Ordinary Shares in issue by a factor of 50 and the Board believes that this will increase the trading price of the shares and make the Company and its shares more attractive to a broader range of investors.