The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Good luck, we all hope you hoover up the low shares because everyone else is massively under water. Let's hope today brings better news.
Let's remember where we are... Virginia University trialllists awaiting full conversion ... 2 polarizers .. multiples. Just one of many due to convert. And we've recently added two de novo systems.
The dilution will look like a tiny blip in the scale of things.
The 1p shares I'm getting will go some part to rectifying that drop.
https://med.virginia.edu/radiology-research/research/hyperpolarized-gas-mr-imaging/
A strong move from 1.3! Well that won't be difficult with the 60% plummet this week.
Has anyone had the opportunity to buy at 1p yet?
5-10 I'll be happy with that. We need to keep deal traction and revenues increasing then all this trauma will be forgotten
Anything less than 10p by end of the year and I’ll consider that as money wasted
"A complete wipeout" Nailed it.
I'm on a high price , average 50p , so might be able to equal that at much lower cost., Yes I was duped by Justin waite.
This a slow burner, but once started will pick up a pace , end of 2024 imo 5p.
This is correct. Only a small amount of the new shares are being flipped.
Nukem and Bracco long term holders with a vested interested.
The Directors certainly will hold.
The open offer shares are just averaging down long term holders who will still need a decent rise from here for break even.
I suspect we'll see a strong move from here soon.
I think they will only get a look in if us long term holders leave some for them
I bought more since the 20th so I don’t mind if that entitles me to buy more
Was adamant was 20th record date but stuff read since suggests newbie scroats at 0.011p might get a sniff I hope they don't. This should be shared amongst lth for suffering
Record Date for the Open Offer 6:00 p.m. on 20 May 2024 - entitled to 9 shares for every 10 held
Existing Ordinary Shares marked "ex" by the London Stock Exchange 7.00 a.m. on 23 May 2024
Maybe holders of shares before they were marked ex will get last dibs on any remaining shares, I’m only guessing I’m by no means confident about that
From today’s circular:
Further details of the Open Offer and the terms and conditions on which it is being made, including the procedure for application and payment, will be contained in the Circular, extracts of which were contained in the announcement on 21 May 2024 and which is expected to be posted to Shareholders later today. The Circular will also be available on the Company's website later today: https://www.polarean-ir.com/content/investors/shareholder-information.
If you don’t subscribe to investor info keep your eyes on the website this afters.
I have a sipp with HL and I haven’t heard anything yet I’ll give them a week before I phone them and chase it
That is what I was doing, trying to get my average down from at one time a horrid 68p (it's much lower now).
I almost want the SP to rise today so that I feel as though I'm getting a better deal at 1p.
I'm still waiting for some sort of email/letter from HL to confirm my inclusion.
Has anyone heard from HL yet?
To me this offer is a more advantage way of doing what I was doing anyway, i.e buying more shares to reduce my purchae price per share.
I guess Stifel will get some freebie’s that can be flipped
This is why I was saying yesterday i didn’t think new shares were being flipped, but I had to step away from that discussion it was getting tiresome
So basically I think the only new investors getting access to this offer will be institutional investors, and the majority will be for Bracco, Nukem and us and the directors
It’s a bit confusing JJ, I think the EIS/VCT shares are tied in for between 3-5 years and new large investors can buy those, and they get the benefit of the government enterprise investment scheme
This is from the RNS
The Placing Shares and the Subscription Shares are not being made available to the public and the Open Offer shares will only be available to Qualifying Shareholders. The Placing, Subscription and Open Offer are not being underwritten.
So I think we get our 200 million shares and the remaining shares are going to the EIS/VCT buyers or will be extra shares for us to apply for
Jacobjohn - not sure what you mean - the record date is 6 pm on 20/5/24 so no new holders/ buyers since the announcement of placing are eligible to apply. Placing shares are purely for existing holders ( before Tuesday)
Not sure they'll do orders chronologically... re shares.
I have a feeling we been partially shafted in letting new buyers have a chance for same offer as long term holders surely we take precedence on those jumping in for first time yesterday. It should have been record date as it will be over subscribed I think so don't rely on it. I'll be happy with same as I got already but will request an additional which I think will be lucky to get ... any thoughts?
If by play you mean short term easy money I’d agree, but I’m here for the long term big profits myself, the potential for good news is high and with every sale comes long term recurring revenue. There’s never been a better time to buy I wish I was starting today