Member Info for Cosm

I had my RDSB divi paid on Wednesday & bp divi paid yesterday with Halifax.
Must say haven’t had any issues with them paying on due dates.

nennyb - not everyone who gives an opinion that the share price is going lower is a shorter. Hindsight is the best gift ever but a few weeks ago, pre vaccine news, this wasn’t looking great and the potential to drop lower was very real, especially with more worry & doubt thrown in. Without that great vaccine news we definitely wouldn’t be where we are now.
First and foremost though, I’m delighted that we’ve apparently found a way to control this virus so we can stop the unnecessary deaths and get back to some normality.
Secondly as a long term shareholder, I’m happy to see the share price continue to rise back to a level where Rolls Royce should be.

Why does everyone assume that my last comment was favoring a drop in share price? I never gave any view but you have all sub-concisely done the calculations in your heads and assumed the worst. That says everything.

From what I'm reading in these posts I think a lot of people are going to be scratching their heads tomorrow wondering wtf happened to the share price. Well today there are 1.93bn shares in issue, tomorrow there will be 8.37bn shares in issue. Do your own calculations but I know which way I'm expecting this to go.

Biden being elected president will not affect the RR stock value unless he is buying or selling RR shares in large numbers.
The RI is still being played out here with all the paperwork finally being completed this week, then we'll really see how the market views the 77% dilution.

I would like to believe you but my head is saying otherwise.
I'm expecting this to continue being volatile after the 12th and I can't see any decent fundamentals of why we should have a sharp rise anytime soon. When those additional shares are available to trade per se next week, the true value of the dilution will be found.
Some on here see it differently and I hope they are right but for me nothing has changed. Yes we have added a little bit of cash to the balance sheet but we've also added sheds load of new shares too. I think we''ll be lucky if this finds & holds support at 50p - 60p

The RI offer was pitched with a 41.4% discount at a theoretical market price of 54.6p

I have to agree with Ratty on this one, unfortunately we are going to see the true price of this heavy dilution soon.

Poleaxe - For the record I totally agree with everything that you've just said.
However you are assuming a level playing field based on the TERP. Some of these 'inexperienced investors' will have bought in at a ridiculously low price when the shares dropped to nearly £1 and will already be sitting on a quick healthy profit come the 12th when the shares become fully paid.

Obviously everyone has their own thoughts but no one has a crystal ball as far as I’m aware hence the difference of opinions, which is healthy and necessary for a discussion board. I’m invested in RR so I believe I can comment.
Megan1 – you’ve summed up my thoughts exactly. When all those shares are fully admitted [and there is quite a lot of them], I can’t see everyone holding so a partial sell off is as you say inevitable. Experience with past RI’s would suggest that kind of activity sends the share price south, depending on the volume of course. What will the share price be? I don’t know, nobody does unless you’ve recently come back from the future, and if you had that ability I’m not sure 2020 wouldn't be your destination.
Yexama – your friends can go in whatever direction they choose, I’m not giving out advice or telling anyone what to do, I’m just taking part in a healthy discussion and giving my thoughts, just as you and everyone else are too. The share price maybe will ‘rocket’ next week when all these new shares become one and start changing hands, however I agree with Megan1, I believe it will go the other way until some better news arrives. As a side note RR doesn’t make good reading from the balance sheet right now, but I believe in the company and I'm sure it will address that going forward.
Rockonuk01 – Oh I'm sorry, I didn't realize that you're an expert on what I know or don't know. Please continue while I take notes.

Yes you can trade them under RRN at the moment however the shares will become one on the 11th so there will definitely be some movement with the share price. With over 6bn new shares being admitted into the market on the 11th it doesn't take a rocket scientist to work it out which way it will probably go.

There will be plenty shares to satisfy the demand when nearly 7bn new ones hit the market for trading.

Dinvesotoy - the market hasn't spoken & doubled the 32p offer because it was too low, you needed an original investment as well.

I reckon this is most likely going to settle somewhere between the 50p - 60p level as all those new shares hit the market. Then we're just waiting for the world to re-start again before we see any decent rises.

I don't think they are trolls as such, my guess is a bunch of college kids who are bored because of Covid.
Most likely doing media studies or some other pointless course.
Might even be just one college kid pretending they are a group.
He/they won't be here long.

Well done & good luck Bimmer, I didn't think it would get back down to 890 either.
It's just a waiting game now, relax & hold.

I’m also expecting to see a steady rise on this one tomorrow & for the rest of the week.

We could see bp testing support at 195 this week.

I think you’ve missed your opportunity Bimmer, can’t see it touching 890 again.

£5.50