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I'm going to buy my excess shares RoyGa, if it dips below then buy them too, this is only going one way, future fuel. 4 years and I'm going to retire at 53! I will throw everything I have on VLS. Waiting for GDR to explode, then all my profits are going on Velocy in the next year :-) sit back and relax!
Is it worth applying for excess shares? Or watch and buy on dip ( which may maynot happen) as some might be waiting for their allocation and then sell
Rookie you'll get an email. Follow instructions from there.
You don't need to call HL. In time a button will pop up next to the entry asking you what you want to do. You have until 10 December to act
Ok thanks, I will try and ring them
I am also with HL. I believe we have to phone them to lace the order. Click on details and you will see your share allocation
I am also with HL and have noticed a seperate Velocys thing has appeared in my account today. The value is £0.00 and it won't let me buy anything. Don't understand.. could anyone explain please
TIA
I am with HL and the new shares have just arrived.
I managed to pick up 3 times my offer entitlement @7.89p last Friday!!
Nah mate. Plenty waiting to get in near 8p. They had ample opportunity to drop it well past 8p last Friday and was bought up every time.
@MPO thanks for clarifying. Much appreciated
This will probably drop below 8p so hardly worth bothering with.
Thanks all for the replies. My broker has still has not received the offer - (Corporate Actions).
Rainman7
Your understanding is correct, however you can apply also for further shares at 8p. If not all shares are taken up you will be allocated more. I expect this will be very oversubscribed and once completed the share price will strengthen (IMO).
Idealing have emailed me about the offer but not yet HL.
Not sure whether it's worth taking up given that without and until more news the sp will likely drift below 8p even if that is the baseline for a while.
QF
Had mine off T212 not sure whether I'm going to bother as I only took a small punt anyway.
Dear XXXXXXXXX,
'Velocys PLC' has announced a rights offering.
You owned XXXXX stocks of 'Velocys PLC' on 28/11/2021.
For every 85 stocks you held on that date, you are offered another 2 on a preferential price of 8 GBX each. This entitles you to buy XXX additional stocks on a total price of XXXXX GBP until 09/12/2021.
To subscribe to the rights issue in full simply click here. Please make sure you have sufficient funds to place the order.
Best regards,
The Trading 212 Team
Sorry for every 85 shares you hold you can buy an additional 2 shares for a preferential price of 8p per share. That's my understanding
Sorry for every 85 shares you hold you can buy an additional 2 shares for a preferential price of 8p. That's my understanding
@small investor I'm on H&L as well. For the issue I think the terms are for every 85p you hold you can buy an additional 2 for a preferential price of 8p
I would like to know too. I have mine through H&L but had no news as yet.
Has anyone received details of right issues ?