No doubt. What about all the shareholders who have sold out after the pump? With 2.5 billion shares on offer she is going to want to drive some pretty serious revenues. Those revenues are going to need to drive profits that enable acquisitions because they certainly can't go back to the market again . Just for comparison, because I know that this is a favourite thing to do by a certain poster on this thread, Bellamy's keeps getting referred to. Its shares outstanding is 113 million. It has a revenue of 240 millon with a profit of 70 million. LON has 2.5 billion shares a revenue of 40 million. In order to get anywhere near the earnings per share of bellamy it is going to need to get 22 times the revenue that bellamy's currently have! (there are 22 times more LON shares than bellamy). There will have to be a share consolidation but at the moment the numbers don't add up. Maybe with some new news or acquisitions it may. Instos may have faith but that has been misplaced before.....
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