Will we still have the capacity if the share price returns to 20-odd cents? It seems to me the SP increase was driven by people buying IHL, expecting a NASDAQ listing by the 17th of December. We know the company has capacity to issue the necessary shares, at the current share price, but I worry there are enough people ignorant of that fact (or people who had planned for a listing and news flow by now and will just redeploy their capital elsewhere if it's late) to drive the price down far enough that we'll need another vote to authorise extra shares.
How low can the share price go before the 15% allowance will no longer cover it?
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