SP debacle31 Dec 2024 11:27
Much is said of "shareholder value" by the BoD but having just looked quickly at figures for fundraising, of whatever ilk, (and it was a quick shufti so maybe open to question by better minds than mine) nearly 55 million new shares have been issued since August 2023. OK some issued to HNWI investors but big chunks due to two disastrous forays into the finance market
As at 3.8 23 70,072,000 shares in issue worth £63.24million
As at 31.12.24 124,930,00 shares in issue worth £30.61 million.
AND all this against a background of receipt of "good news"
If one of you Gurus can tell me this is progress then I will be happy to listen and be educated.
Happy New Year to all Sareumites-may 2025 see us banging in orders for a new luxury rowing boat ( I gave up the idea of a yacht years ago!)