175p placing14 Oct 2020 23:48
Two questions:
1) why do so many people here think the share price will drop to 175p tomorrow? Given the potential for this to go so far north, shouldn’t people hang onto their shares and buy the placement offers?
2) Am I right that however many shares we own at COB tomorrow will determine our placement offer rights, and that if we sell those shares before they’re issued in November (4 November?) then we lose those rights? If so, WHY would people take the risk of losing those rights and sell the shares?
I can see that w a man unstable stock like RR, where the potential for downside is so high. But here the risk of missing out is greater than the risk of a downside slide???