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Harbinger's exit is going to take this under 600. http://www.reuters.com/article/idUSTRE6940ZP20101005 DYOR.
One of those rights issue days that are happening all over "Stake building was also a feature in Great Portland Estates, which closed 1.3 per cent higher at 252½p as shares began trading ex its £175m rights issue."
Can't find any news for the 26% drop today... Anyone got anything?
If a lot of day traders got in on this in the last couple of days then expect to see a bit of profit taking today. Over the next couple of weeks should see it head towards £1 - the faster the better! :)
Great upwards movement today, glad to be way off on prediction. LIVE 77.06 - 77.69
72.2p i reckon
Making a good recover today along with other financials esp RBS.
No point bailing if you're in it for the long term or even 3 months!! If you're a day trader then best to get out but these shares should recover back. I haven't been share trading for long (a matter of months) but when I look back at the shares that I took a hit on and sold at a loss, if I had been patient enough I could have sold for break even or handsome profit! There is the issue of opportunity cost but that's another story...
This thing does not want to stop falling!! When are results announced?
What's the record date for being able to participate in the 365p a share rights issue? Read the news article but it didn't mention it.
yeah, I bought at 144p yesterday
>>u will never ever se them below 150 ever again Guessing will see it tomorrow.
I agree. Just bought in with £2000 @513p
RSA has been hovering at 125-135p for months! I bought in at 126p in November 08 and it really hasn't done much compared to OML, AV. and others. Really need to see it with some direction before I buy back in again.
Inmarsat plc - Full Year 2008 Highlights * Total revenue $996.7 million (2007: $576.5 million) * Inmarsat Core revenue up 13.9% to $634.7 million (2007: $557.2 million) * EBITDA $531.2 million (2007: $388.1 million) * Inmarsat Core EBITDA up 12.5% to $431.6 million (2007: $383.5 million) * Profit before tax $193.8 million (2007: $124.7 million) * Launch of third Inmarsat-4 satellite completes global broadband coverage * Final dividend increased by 5.0% to 18.20 cents (US$) per share
Yeah, I hate the 20% spread on these small caps though...
These things keep going up!! Can't believe the percentages over the last 3 days! Thought about getting in yesterday but thought it was due for a fall. Too much risk of that to get in right now... :(
Is there no end to the decline of this share?! Arrrgghh!!
Doing well considering the wider market.
Thanks guys. I hope the shorters close their positions tomorrow! :)