Hornby Share Price (HRN)

Thanks mole_man99 - sold all my shares and took the loss (nothing too major). Ah well, it was worth a punt I suppose.

I’ve been watching Hornby for a while, obviously too risky to buy… but what about short?

Just Interested in people’s views.

I won’t be opening a short as I don’t believe it’s morally right 😂.

Once unlisted, you then have no way to cash out really because Hornby is not in good shape and will just continue to struggle. Maybe they come back to market 10 years later, but the actions they took while unlisted probably diluted you to such an extent that your holding is worthless.

Don’t get trapped in an unlisted company, especially one with tough prospects.

There is a tiny chance they’ll buy your shares off you after delisting to tidy up the register, but I doubt it will be for any more than you can get today.

Sell up, learn lesson, move on is what I would do.

Hi Folks,

I know people cannot give financial advice but as a small shareholder in Hornby this is the first time I have been hit by one of these events. I have read the offer document and if I am reading it correctly the best plan of action would be to sell my shares for whatever I can get prior to the delisting. The other two options seem to be unsuitable for a small investor.

Am I correct or missing something?

Many thanks

Pointless been a PLC anyway when two holders hold 90% or thereabouts of the shares.

The reason Hornby struggle is its not the 1950-70's any more. The golden ages passed long ago.