Argh ok I understand now, yes I read the rns but did not understand it apart from any shares bought from today would not get another new share. So this is the new share price range? £3.30 £3.40
11 Jan '13
The proper explanation is that they issued every shareholder a new share for each one held with a value of 5p. This doubled each persons holding, but made the sp drop to the mid point between 5p and their previous value (near enough halved). The bonus issue RNS explains it..
11 Jan '13
Shares were halved in value, but each shareholder doubled their holding.. So they effectively kept the same value. Check the RNS. I think the sp actually technically rose today..
11 Jan '13
I have to ask the question
Lose 50percent of your value and nothing said?... Anyone know anything on this share?
30 Jul '12
Shares of commercial flooring manufacturer and distributor James Halstead rose sharply after it reported a solid first half with record revenue and profit. In an update ahead of its results for the year to 30 June 2012, chairman Geoffrey Halstead said the group was confident its performance would continue in a similar vein for the rest of the financial year. "Overall, this confidence was well founded and the company has continued to trade solidly in very difficult global conditions," he said in a company statement. The Radcliffe-based firm said it is confident of reporting another year of record revenue and record profits for the year ended 30 June 2012, in line with market expectations.
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