Hi all,
I’m just wondering now that the rights issue is in place, what it’s prevois year high now represents. So in Jan it hit around £6.70, does that now mean it would be around £2.20 because the amount of shares have approximately quadrupled?
I don’t think it works like that. The price of a stock is not determined by historic values but rather it depends more on the future earnings. Therefore, depending on how it performs going forward, the price might tank or it could even surpass the previous highs. No one knows 
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