UK 03:44 Saturday, 17 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I am not surprised that punters with warrants mainly at 1p but also at 6p have been exercising in droves as announced today. With the shares at almost 10p but worth a maximum of 1p but perhaps as little as 0.1p depending on whether the current 100 million quid funding round at 1p succeeds, folks would be mad not to exercise warrants and sell. Equally anyone buying the shares at almost 10p is also mad. Today there is another howling corporate governance stinker.
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