Investors were allocated in full for applications up to £2,500. For any amount above this, the remaining demand was allocated at a rate of approximately 50%, capped at £20,000
It will now be interesting to see if there are any Director Buys announced - if so it would suggest good news on the bridge issues, if no purchases maybe more bad news to follow.
I bought in yesterday at c.£17 yesterday so pleased to see the rally today especially after falling this morning. A long term hold for the pension pot.
Following last weeks RNS updating the market it was somewhat of a surprise to see further guidance today and the subsequent 10% fall in the share price in early trading this morning.
I currently have no position in HIK and was looking to purchase around the £18.50 mark and with today's RNS it is looking more likely one for longer term recovery and one for the pension pot. I will sit on my hands for a few hours and see what the market does today (£16.71 a the time of posting to buy)
Nowt no stranger than trying to predict the stock market but this one I suspect will have caught a few on the hop - anyone any thoughts as to the reason for this today (merger, takeover or just a decent dividend going forward)
Will take some reading through but good to see "On 25 February 2021, the Company completed a reduction of its share capital through the cancellation of its entire share premium account. This reduction of capital created distributable reserves of the Company, which enables the Company to make distributions to its shareholders in the future, subject to the Company's financial performance. However, the Company is not indicating any commitment, and does not have any current intention, to make any distributions to shareholders."
Lets see what happens when the market opens - any thoughts?