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Hi RR,
Yep will just wait and see how OO pans out.
Ideally would want it well oversubscribed so that everyone got scaled back but just happy to wait out.
LL Only prior holders were entilted to apply....
Hope you all are successful, good luck
As I am with HSBC Investdirect I have dipped out, Grumpy Bunsie!!!
ATB
“But i have explained Barclays customers buy as a Pool ........ thus you can get more shares and are not subject to Scancells reduction if its over subscribed “
Same applies to Halifax, HL, etc, etc, etc
well ... see what happens .. nothing we can do anyway now
Hi all, I have been on an adventure today, wearing new clothes from the birthday. Road was closed south, so journey to Newcastle interview was via the Dunoon ferry.
It has given the car a good run.
Discussed our hopes for the OO on the way. My hope is that prior holders were given first dibs, with those new from the placing taking up what was left. Between us, we asked for a fair number and I would be very glad to have all. My funds are still in the account so no clue yet as to how many I'll be given. (IG platform).
Fingers crossed for everyone - I hope you get more than you really expected. If Scancell raise all the funds projected, it means they won't need to raise any more for quite a while.
dragon, see my 15.30
I’m sure someone mentioned that H&L clients have until Friday morning to take up their allocation.
I do think (hope) we will do better than last times 60% though as seems most of us have gone for our entitlements and more extras this time least from the feedback here but we will see it depends on the big holders taking up all theirs I suppose.
As the resolution hasn't even been voted on yet there is no way that the share allocation can be definite, and also the applications don't have to be in until 10th August.
Disappointed that I was not able to take up my allocation as I’m a US resident.
“ Barclays is a Pool therefore we cannot read anything into the fact that Inanaco has been allocated his excess.”
Very true, even though he himself will!
Sorry Ruck our posts crossed..... you have explained correctly.
Chester.
Agree chester/Ruck
Chester, ditto.
Stakis,
Sorry, you have said virtually the same thing while I was typing!
Hi Stakis
If we all receive the excess we have asked for then the odds are that the OO was hugely under Subscribe.
Barclays is a Pool therefore we cannot read anything into the fact that Inanaco has been allocated his excess.
Chester.
Same with me in Halifax, not certain how you can have extras yet, as needs to be approved at meeting 11th August meeting
Stakis...
“Inan - "I have got all of my over subscribed ... 75,000" - misleading”
I’m not sure it is misleading, the sentence doesn’t make any sense. I think what Inan means is he has been allocated his excess share application. This can’t be true, as C7 posted earlier, you have to pay for all the shares you have applied for. Then, if unsuccessful you get a refund.
If we COULD tell whether or not our allocation was successful, NOT getting any extra would indicate it is fully or oversubscribed. If everyone gets their extra this would indicate it is UNDERSUBSCRIBED.
I think some are getting over excited prematurely.
BTW, I transferred funds to cover my allocation and more and the whole amount has been taken. Until I see the shares in my portfolio I won’t be jumping to conclusions.
But i have explained Barclays customers buy as a Pool ........ thus you can get more shares and are not subject to Scancells reduction if its over subscribed ..
Read my history i actually cut and pasted what barclays had written
Until the shares are bought I don't think we can be sure we have got our extras.. Halifax have taken all the funds for mine I asked for so it is wait and see now.
C7 because he refers to "oversubscribed"
I applied for excess shares and the money has been taken from my brokers account but I have nothing to suggest I have or haven't got them (TBF I wasn't expecting to find out until Monday at the earliest )
390,000 Extra shares for me too with Barclays. Looks like they are very much on the ball. ATB.
Stakis, why is it misleading?
Afternoon ,
I am also with Barclays and looks like I’ve also got my over allowance , very happy with that ! Bring on the news !