suppose so. capital reduction must have an effect. lots of buys now though, but doesn't seem to be affecting it too much. you said that Capita confirmed you were on register yesterday so fingers crossed. as you say, should cheque arrive you are still up.
what a drop!! called capita yesterday and was informed i was not registered. my broker does not automatically register certificates. i therefore sold yesterday afternoon in case of drop and boy! am i glad.
so, if i get this straight, on Friday, they are going to send me a cheque for 20p per share I own? That sounds too good to be true. Am I missing something? Perhaps I dont have common shares in certificated form.
I am not sure about this company. Seems to have borrowed a lot of money over the last year, and today issued a share placing statement. Pre tax losses also. SFX springs to mind. Don't see that it can go lower but not sure I can see it going up anytime soon. One for the long term in my opinion.