Member Info for eurofox

fraid not. UT was at 26.44 down 1.5% (down 0.4)

Looks as if this is now being pushed further down towards a placing and/or Rights issue price

preserve us from amatuers

a piffling quantity (especially if the milestones have to do with stg2 funding)

SP being pushed down to a placing/rights issue price without a doubt

almost back to filling that gap at 27p.

I was castigated for suggesting that this would happen - its the trader stop loss settings that bring about this situation

This FT guy really has it in for SXX.

AlanG, totally agree!

quad witching day - options expiry

You guys really can't take it can you. Have a great weekend

good day to have topped up on

causal, this is going down to close a previous gap up

it was at 22p, not at 30p

Causal, if you remember the last leak, it started as a bit down, then got 6% down, then got a lot more down

Another news leak? Dilution?

Smell the coffee. This going back to 22p because of likelyhood of placing.

We should be aware that dividend expectations (cited by many as a reason for holding long term) are likely to be significantly impacted, because the late appreciation of project detail and risk will almost certainly lead to an equity placing (since senior debt lenders and bond holders always look to the down-sides of projects). My belief is that it could have been a rights issue among loyal shareholders when sentiment was better, but not now. Such a placing is likely to be at a level that seriously dilutes the dividend earning capacity per share and thus a lower price than many here anticipate. Also, risk has not been lowered by placing it elsewhere, because if the contractor hit a brick wall, the contractor may be unable to deliver, in spite of taking on the risk.

Agreed deepjoy. Was it worth topping up yesterday. All the shares traded yesterday at 28+ are now adding to losses.

well, it seems my warnings should have been heeded