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ATEX's info is so wide of the mark that it is worrying how the rumour brigade seem so plausible.Suggest you look at the Balance Sheet and Accounts and take a look at the funders and more importantly why Paragon are seeking the emergency rights issue.If they didn't lend another penny the profits from the assets currently being managed through the securitisation deals of the last 10 years creates a good level to keep the operation going by which the Capital Markets hopefully will have relaxed.
Thanks very much. As well as your explanation, I had some paperwork come through this weekend that helped as well. I've now bought an additional 250 at £1.00 each. Bit concerned about the point that ATEX made though!!!! Is there any strength in it?
they consolidated the other day, for every 10 shares you held this was put to 1. what this also meant was that for every 2 you owned originally you could buy 5 more shares at £1 each so in other words you can buy about 260 ish shares for £1 each, as the current price is about £140 you can sell them if you wish to make back your origanl loss when they consolidated. hope that made sense
Hi All. I had 105 share in Paragon as of last week, only equates to £100ish I know. But now I've got 10 shares at a value of £1.43. Therefore I've gone from £150 orfequity to £14.30 !!! How does that work then? Surely I'm missing something here?
Ok firstly on level 2 it says XR...can someone elabortate more thsn Ex-rights. Secondly if I had kept my PAG shares from yest to today...then would I have realised the 61% odd profit. Im currently kicking myself repeatedly.
so i take it this has already happened as today is 29th.
what happened, nothing shown in news yet, up 68%??
i only have 500 shares which i bought at £1 so if i dont buy my allotted quota i will then only have 50 shares woth total of £50 when they consolidate? Is that right?
iF YOU SELL YOU MIGHT KICK YOURSELF BY THE END OF FEBRUARY
anyone any thoughts is it a cut and run with slight loss or worth putting the extra in when consolidates. Anyone got any thoughts??
oh yes found it cheers. would mean if i bought my quota would need the new shares to get to £1.37 to get money back. Hmmmmmm
Read back the posts, Davius posts a good example of the effects some days ago
Anyone any idea on this consolidation issue, how is it gonna affect us? Letter says every 10 ordinary shares of GBP 0.10 will be consolidated into 1 ordinary share of GBP 1.00
ta,sold
any one get any Level 2 info for PAG please
I will be selling them but hoping to up my average by a quick day trade so I can reduce my loss on those bought at £stupid
.
today ?
a punt today
You did well to make a profit today.Congratulations?
worth a quick punt ?
Now I can see why you take the cold showers!!!
time for bed ?
is it worth hanging onto these
yoyo