Member Info for Clank

Share price is £5.47 up 4% so far today - I'm getting a nosebleed :)

Ah, apologies Hexam you are right
I suppose I've just been looking for any hint of a recovery and I grasped at that ........

With some brokers today buying the RI shares on our behalf optrade it may explain why the share price is going up a little today (up to £5.27 as i type this)
Its a little bounce but every little helps :)

Hi,
T212 have just this minute credited me with my RI shares, so hopefully Marcinkus everything is in process for you with your broker too
My Avereage price has come down from £19 to £9 but i think it will be a very long time before I break even

It was a genuine honest mistake made by T212 which they have apparently rectified, so all is good

Just to heads up to anyone using Trading 212
A friend of mine has just messaged me saying that even though T212 took money from his account on 1st April to purchase the rights next Monday, today they have sent him a note saying they actually sold his rights at a value of 58p per share on 11th April.
Might be worth any T212 users having a check of their accounts as i will do asap myself

Shares are at £5.10 now :(

I have had this stock for 3 years now and have been a very loyal investor, so I am praying next weeks trading update is good news.
It will be a long time before I break even but I'm encouraged by the posts of you guys reference your optimism for the future.

It seems that different brokers have different approaches, but If like me you're with T212 then the deadline to participate in the RI event was 10th April

If I had decided not to participate then my rights would have been sold after 10th April on the market, and the proceeds distributed to my account shortly after.
As I participated in the event the allocation of the new shares to my account will not be made until after 24th April

Like I say other brokers may be different but that is how mine is dealing with things

We get the half year trading update on 18th April so fingers crossed that gives us some good news

downbutnotout You aren't helping the rest of us really with your gloating at buying shares at a cheaper price.
I know this is an open forum and you are perfectly entitled to contribute, but a little understanding for those of us that are enduring a large financial loss wouldn't go amiss really.....

The share price is already down 13p today.
At this rate it will be at £4.88 by close of play tomorrow.....
I think some of us are in for a worrying easter break as a result of all this :(

All info Mike gratefully received - thanks for taking the time to work through the prospectus to find these bit of info for us

Yep awhawton agreed.
My broker (T212) only gave me and others on the platform the option of buying the rights up to and including the 10th April, or selling them 'only' on the 10th April itself.
We therefore lost out on being able to sell our rights when the rights issue started for a higher price than the abysmal amount we would no doubt get on 10th April
I had no option really in those circumstances but to buy my rights really .

Just as an aside I overheard a stockbroker today on the train (well, he said he was one anyway to the lady sat opposite him) that he expects the Tui share price to slide to £3 come the end of the rights issue.
That can't happen.....can it?

Dont know where you're looking but live price with my broker is £5.87 still

Yes the share price is down 23p already today to £5.87 so it doesn't bode well.
I was hoping like others that £6 was the bottom, but it seems that was a forlorn hope

Sorry for the pigeon English, i meant I'm quite worried 'about' the future risk reward, not 'that 'the future reward

For me as a shareholder who has taken up my rights I’m quite worried that the future risk/reward profile of Tui shares
is not very attractive to future investors . Especially considering there could be further dilution of our interests further down the line
Buying the rights should bring down my average share price by a bit but it certainly is a worrying time for our investments I think

Dirky, click on Hexam's name in the chat and look at his replies to similar questions
He answered my question spot on like he has with the other queries people here have had

Ah apologies I didnt spot that UT classification