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Kitkateat AO World plc are an online white goods and electrical supply company,done very well, they had a price of 400p in January this year, but there have been supply issues and driver issues that have spooked investors, a week last Friday the share price dropped dramatically and is now 150p brokers think this is a short term problem and will be resolved by the end of 2022 this could be a good recovery investment, I have gone in with them as the risk 15% of my portfolio, we will see. I am not giving financial advice, other brokers exist! Huckster
AO is appliance online
Sorry Huckster, what’s AO?
Wow 95% in HL. Result
leadership........................Bingo cash!.....................Looking to invest a little in AO, been a disaster, but if problems are temporary could be a good little earner. Huckster
Wow, 95% sold on HL.
I know, taking the **** now
Still nothing from HL???? most people could do better by sheer accident, so frustrating, Oil and Gas are well up today, missed it
Money appeared this morning from iweb
Still nothing from HL!
Better late than never eh Hucks - and leaves you a decent wee % of the business! Should get some holdings announcements in next few days which may clarify why we managed to sell 88% - from memory canaccord and hony were the main parties not to declare their intentions. Another quarter left providing transition services then that’s a wrap for domain style mmx - a 15 year journey so far - we shall see if there is another chapter being written. SB
HL say they are paying today.... hurrah.........well I only went for 69% leaving me with a sizable holding. It is interesting the tender offer got as far as 88%, there must be a big player somewhere who chose not to partake, interesting. You wonder whether someone like Lombardier hasn't got a company up their sleeve who aspires to be on the Aim.....that might be nice H
Yes me too , 87.83% , so it looks like a lot of investors took a lot less or some larger holding may have opted out. Do they know something !! Just bought £2K's worth which almost doubles my holding. Happy to hold and forget for now .
exactly the same for me ... 88% sold
I tendered 100% of my holding and based on what has been returned in cash and shares I appear to have have sold c.88% - a lot higher than anticipated and not entirely sure how works back to their calculation! SB
What percentage did they allow?
Morning all
Interactive investors have processed cash return in both isa and trading accounts - money in the bank! I also seem to have been able to tender a higher number of shares under the excess entitlement than anticipated which was a good result at the price. Hopefully other brokers process payouts today. SB