There are 4 of us in the office and I was the only one to take up the offer, the others said it was not worth it/ on holiday/never know I don't think the others have large holdings but it may be the case that small holding PI's just did not see it worth there while for a couple of hundred shares or think it will go below the OO as ST1 did.
I thought they were tunnelling 20 hrs a day with 4 hrs for maintenance, but I also thought the ring segments where 1.5m and not 1m wide so the end figure may be the same. Does anyone actually know the width of the segments.
I thought the main production shaft had two sets of winders where as the deepened MTS shaft would only have one set each doing circa 6.3 MTPA for full capacity.
Mine, are you not worried that the II (if them) are happy to be buying at this level and they are not waiting for the OO shares to be sold on the market.
FFC, I can't see it happening either but after the equity raise I would be happy with that right now, the golden goose is just a big chicken now and if I could double my money and move on I would take it. I guess like others on this board I am a bit disappointed on the ST2 deal and allowing the big boys to now load up at 15p.
You could sell 2991 shares at 19p and then buy 3787 at the open offer price of 15p. this gains you 786 share. Depending on the cost of selling you may need to sell additional shares if it costs you £6 to sell 32 extra to cover so sell 3023 shares at 19p buy back 3787 in the open offer and it has cost you nothing but time, but you have to get 19p for the shares you are selling or you will need to sell more and therefore the shares gained will reduce.
I sold some at just over 16p and used that money for the open offer so I hope you get 19p as every share counts for the dividend.
The posting of the SP was a tradition that jonesrichard did for a long time but had to give. The SP here sometimes takes a while to catch up with the final U/T price from Google and that is why it is posted. Some nights it is not posted other night two or 3 times by different people including myself at times. Hope this clarifies things for you.
The open offer is an exciting time for some people that are new to investing and a BB is a good place to ask questions if no friends or family are into the stock market.
“While shareholders may face some dilution in the short term" I am not sure if this analyst should be drug tested but when was dilution ever short term.
log in, click on your account if you have more than one, click on the corporate action tab and then the take action button or something like that on the right of the screen, there are 3 option to choose from.
Market cap at the end of the month8 May 2019 22:31
We have cica 4.8b shares just now and another 1.9b to be added on the 24th giving 6.7b shares in circulation if the share price is 15p the market cap will just be over £1b is this a fair market cap for the reduce risk and the capital that has been raised.