Share price post voting13 May 2026 10:05
Long term holder here, pretty much written off the investment like many long term holders by end of 2025, great recovery from the lows of 4.6p, here's what i get the price will end up after a successful vote, what everyone thinks
Either 42p or 56p
Key numbers:
Existing shares: 978,699,475
New shares: 407,941,253
Issue price: 19.8p
Total shares post-fundraise: ~1,386,640,728
Scenario 1: Thursday closes at 52p
SharesPriceValueExisting978,699,47552p£509mNew407,941,25319.8p£80.8mTotal1,386,640,728£589.8m
TERP = £589.8m ÷ 1,386,640,728 = ~42.5p
Scenario 2: Price at announcement (72p)
SharesPriceValueExisting978,699,47572p£704.7mNew407,941,25319.8p£80.8mTotal1,386,640,728£785.5m
TERP = £785.5m ÷ 1,386,640,728 = ~56.6p