Member Info for barnetpeter

t is a term of the Retail Offer that the total value of Retail Shares available for subscription at the Placing Price does not exceed €8 million or equivalent.

Otherwise they have to publish a prospectus....which is costly and takes time. So the majority goes to institutions. You and me get the crumbs. I was in the middle of one offer when it closed.

Yes closed early. Yes primary bid only get about 7 million £ in stock....some bizarre Euro reg. So sometimes they close very early. Have seen an offer close in 4 minutes .....

No of course not graham. The price might fall a bit in the morning. Nothing more.

You will get any new shares allocated to you next Monday...or Tuesday if your broker is slow. So no waiting weeks. The shares will probably fall in the morning to about 146p but there is no stamp to pay or commission. There is a £20 fee unless you have a Jarvis account when it is nothing.

You wont know til the morning. You have to buy blind. My guess is 140 to 142p. You will get an email in the morning from primary bid at 7 am telling you the price and allocation. The offer may close early so you need to be quick. You must register first on primary bid and pay by debit card.

Looks good to me. I suspect the placing price of 140 to 142. They seem to have spent the money on sites already and want to buy more. Seems fair enough to me. Its sale time and management would be remiss not to grab a load cheaply.

In for a few myself. 140p please.....

Over recent weeks, the Company has agreed terms and approved the acquisition of 12 sites with a broad geographic spread at an operating profit* margin above the Company's medium term target of c.21-22%, and an average return on capital employed** of c.34%

· Terms agreed in principle on a further 13 sites and an additional pipeline of around 60 sites currently under discussion and consideration

Up 17 per cent on the day.....

Yes indeed. But I am not buying more lol

Dreadful. If you read the annual report, they lost a fortune last year, have 10K in cash left and debts of over a million. Miracle if they survive I am afraid.

Not sure "invested" is the right word as I am 87 per cent down on those. Will take a look. Thx!

Dont kid yourself that it will be "business as usual" if this goes. These centres are simply huge and need a lot of managing in a normal time let alone a pandemic.

Intu will of course be very volatile until the decision. Nature of the beast. In myself but derisked when it flew up. Now at 7p its a fair punt. Do they go into admin and close all the Intu centres or what? The administrators have already said they would need something like 100 million £ in total to keep all the centres open. Just for starters. No idea how much Lakeside would cost to keep open....but a lot of money. Of the top 20 largest shopping centres in the UK....Intu operate 9 of them. Nine. Thousands of staff. That costs a lot to manage and a lot will be employed via agencies. No-one has the size and capacity to operate 9 of the top 20.

22p. In here at 3p and been buying all week since that mention in the daily update. Derisked at 15.50p though so free carry. All who bought at a low price....and it went to about 1.8p in March ....should think about taking their stake back imo. Each to their own.

Would not surprise. WEB is my biggest holding. William Hill are very involved in California sports betting bill.....huge mkt....and Web has a small racetrack there so will get a licence. Would take 30 million perhaps.....nothing much.....but Betfred want to get in there too.

There is the 12p I said it would hit today.

Mind you, the Done Brothers (Bet Fred) are keen to get into sports betting in the US.

BOTB has had an offer today. A different type of gambling company....win a car. But it shows the interest in bidding. William Hill raised a lot of money last night. You get my drift here.....

you are. My view is that the public vote is a formality. The Church may argue against it but Calif is such a liberal place and has so many huge professional sports clubs that I think the vote will be 80 per cent in favour. Those who gamble will want the freedom. Those who dont will want the tax.

After all this was 200p this year so has fallen a long way to 70p. If the Government is going to pick up the tab for some of this then 100p looks likely....and that will still be half the price just a few weeks ago.