Member Info for flonker

Are rights shares guaranteed or can they be reduced if oversubscribed?

Doesn't seem to be much interest in the retail offer here. Would be good to have some useful input.

Could buy today @ 14.50 and, assuming price could be the same when warrants are due, if the retail offer were taken up, the net value of the shares purchased now would, in one year's time, after subscribing for warrants @ 11p, be equivalent to13.50: a very modest gain of 1p. So it can only be worthwhile if there is confidence in the price in one year's time being , at least, in the low twenties.

I have received a notice from H. Lansdown re. Woodside Energy listing on ASX. Briefly this explains that, after the listing 14 November 24, selling these shares could take a number of weeks and be expensive, also, ' all purchase requests will be rejected' .

I would be interested to hear other views/experience re. this situation.

Thanks affc21

I have received a notice from H. Lansdown re. Woodside Energy listing on ASX. Briefly this explains that, after the listing, selling these shares could take a number of weeks and be expensive, also ' all purchase requests will be rejected' . Is the ASX listing of CTL likely to give rise to similar problems?

Thanks Gorblimey. Just what's needed. Useful info.

Thank you Basil Alderman: useful info.