Ragdalian11 Nov 2015 11:16
To be fair you are right about the 1/15 here too. I have never recovered my losses. But the potential was there to, I could have done several times over, to be honest, if I'd had my wits about me and the nerve, of course, one does need the nerve. As it is I have managed to reduce them substantially and look forward to more opportunity.
But I don't see Quindell as the same as many other dilutions for example, an oil company. The speculative element is much less. Even with little known we do know a fair amount here.
Multi award winning software, money in the bank are just two examples, so hopefully, there should be good recovery here.
The 1/10 is a clever mechanism to try and maintain the share price while reducing the shares in issue.