Member Info for heardy

the market has already parked us up on the M26.

Manipulation extreme, totally false market. As for this sp I never thought I would be 10p under my latest buy price. Maybe the BOD would like to see a rise now they have just loaded up.

Just goes to show what a mass algobot Hedge Funday is all about, alas we are at the mercy of a totally false market.

This is just BMR2, all that copper evaporated, expect the same with the vanadium.

I should have known better than to top up on Friday. I think you are right when you say they caused it. Haha CSI Ankara.

this is taking a beating, 10 year low, anyone got any ideas why?

Nov 2015 poo $80 pmg 90p and that was before we went into profit!! moan whinge. Dept free too??

Well that little fire soon went out, maybe we need another acquisition to get some interest.

Cheers pooh! oh well buy orders for 29p for starters, I can dream.

the registration date is 26th Sept do you still get the nil-paid RI allotment if you have sold since or have I s**t out?

Nice one.

lol you are so right!!

Question is how long will the floor last, will it be in and out of auction for the first hour or so with the first drop then search for stop losses and drop further. Crystal ball please.

Whatever, I wonder how much she was paid for that performance.

That was really weird, saw it happen will I was watching serco on my terminal.

Made my decision and sold all holdings, will place buy orders for 30p, watch this backfire on me :(

Shareholders must take one of four routes. They can either buy some or all of their allocated stock; or they can sell all their rights. They can sell some of their rights and potentially use the proceeds to buy some of the cut-price shares (known as ‘tail swallowing’); or do nothing at all.

Now there a term for the imagination.

According to Woodford:- In a rights issue, shareholders initially receive rights to participate in the fundraising by buying new shares. The shareholder does not immediately pay for these rights, hence they are called nil-paid rights. Typically, the new shares will be offered at a discount to the prevailing market price in order to make the rights issue attractive enough for shareholders to want to participate.
Shareholders then have the option to exercise their rights and buy the new shares at the price at which the rights issue is taking place. If they do so, the nil-paid rights become fully-paid rights when the rights issue completes. Otherwise, shareholders can either ignore their nil-paid rights or trade them on the market.
Generally speaking, the value of the nil-paid rights will relate to the difference between the prevailing market price and the rights issue price. As such, the price at which the nil-paid rights are trading can be seen as a barometer for the likely success or otherwise of the rights issue that the company is pursuing. For example, if the prevailing share price falls below the rights issue price, it is highly unlikely that any shareholder will participate in the rights issue because they could buy shares in the market at an even lower price – in this scenario, the rights issue, in all likelihood, would fail and the nil-paid rights would expire worthless.

8p then if we lose 30% on Tuesday, but will they shoot up or flounder.

Just spoken to Barclays, apparently the option to take up the RI will be available on the 2nd Oct. If you take up the option they will appear as a separate line in your account then you can buy the nil-paid RI to make them 'paid' RI and they will be added to your holding or you can sell them right away but the sell price will be below 21p(wait and see on that I suppose). For example if you have 100k shares nil-paid RI entitlement is 42857 shares, even sold at 15p nets you £6428. Does it seem too good to be true, hmmm. Even 10p nets £4285.

Many thanks , panic over, never been involved in RI's doing my head in this, seriously thinking of selling today and buying back on Tuesday. But knowing my luck I won't be able to get in quick enough lol.