Anyone who decided to take up the option should have waited as the price tends to fall below the option after the date. Whether mm's or anything else. I can now get my options worth and thousands more at a cheaper rate.
I'm guessing we will be hovering around the 58 - 61 price until any overhang is sold off. The best thing 1PM could do is release a positive RSN this week. Frustrating to see the sp dip below the offer price, but it is a case of mm's making sure any short term investors do not dump their shares.
Good opportunity for longer term investors to top up .....
Hi Mr Jones. Just taken up the little placing here £75. Very good that small shareholders allowed to participate. Sir Richard Branson take note. Bought some more LGO (just a few) in my ISA on a switch from Cairn & Naibu (the latter a disaster)
I have got the option to take up the shares at 61 just like everyone else, this is a no brainer isn't it? I'm up at around 400% already so I feel like it would be stupid not to get more shares in a company that is clearly moving forward.
Well done Bruce - I sold way too early on LGO at 0.0069 and now its 0.06 so it has really gone up so much in the space of a few months. 1PM shareholders will have to wait a bit longer due to the open offer but once that's out of the way, it has places to go ...... hopefully upwards!
3 large trades bought today totalling £66 k at these bargain basement prices. Small companies always get hit in a bear phase such as now. However sitting on a 5 bagger in Leni Gas very relaxed about everything else at the moment.
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