Member Info for hipete69

you can if it was a rights issue or an open offer...that's why i'm asking if this is different...anyway it doesn't matter, the market price is only slightly above the public offer price..in the long run it will be a trivial difference

why do you think my position is "ill"?

...in this "Public Offering"? I hold PSDB in my spread betting account...if it was a rights issue or an open offer IG would take my instructions..

But this looks different...and IG don't know!!

yes, i do, even the second cousin once removed of RNSs would be welcome

patience is indeed a virtue but, as John Maynard Keynes said, in the long run we are all dead

let us hope some sort of relative writes to us before that unhappy moment

to FastMoney...i have my DLR in a spread betting account with IG...my open offer entitlement has been showing there since the day after the announcement

Migsmc186...it is true that you do not benefit from the placing...but if you are an existing share holder (on 12 June) you have the RIGHT to participate in the Open Offer and your broker will contact you about this..or at least should

ring them

that looks right..i had an upbet of 22 on DLR on my spread bet account, before the offer, and i now have an extra 9.58 credited to my account...over £500 profit at today's price in the market...not bad for sitting back and doing nothing!

as an existing shareholder you have the RIGHT to buy a certain number of shares in the Open Offer...that number is represented as a percentage of your existing shareholding...how you raise the money for that is upto you...but one way is to sell existing shares at say 160..raising enough to buy your entitlement at 110...i must confess i haven't read the propsectus so i don't know what the percentage entitlement is

anyway, once you know your entitlement you will know exactly how much money to raise

BUT, in addition, believe (and i may be wrong here, you will have to check) you will be able to subscribe for more shares than your entitlement, and you will need to set the funds aside in case you are successful in obtaining the extra shares...but of course with the trading price at around 160 the world and his dog will want extra shares at 110, so the chances of getting any are close to zilch

as to the company informing shareholders of the offer (raised by another correspondent on here)...that is not normally what happens...the broker should have all the details and should be asking you what you want to do

you had to be an existing shareholder at the time of the announcement...you can now sell those shares if you want to, to raise money to take up the offer

well, for what it is worth....i hold my DLR in my IG Index spread betting account...the account has ALREADY been credited with my Open Offer shares although, of course, they are shown at NIL value and cannot be traded at the moment. IG want me to notify them by email if i want to take up the offer at 110, which i have done. i have also asked them how much margin i need to set aside and when the due date for that is; and also if i can apply through them for additional Open Offer shares.

The DLR market price post-Open shares becoming tradeable is i believe 133 as at the point of announcement yesterday, it will, judging by the market reaction yesterday and assuming nothing untoward between now and the close of the offer, be above that.

Your broker should automatically contact you about any corporate action like this and tell you your options. If he doesn't, give him a call ....basically you onlyhave two options, find the money to buy your entitlement at 110, or let the offer lapse and do nothing. at the present market price you would be a fool not to take up the offer, it's a 50p profit per share instantly, although this will change over the next fortnight, maybe up, maybe down..but you are virtually guaranteed a profit of some sort...unlike with a rights issue you cannot trade the rights to these open offer shares

good points

doesn't look transformational in itself, does it? but, hey, the more they get on board the more others will show interest and perhaps follow suit

Go to LSE announcements...i mean LSE as in London Stock Exchange...bascically it is the renewal of an existing contract with Papworth but with Bleep incorporated

See RNS

aha, well that would make Bleepa demonstrably superior, wouldn't it?

i thought i would report back on the response to me email to the company about Pando

none

so i decided to ring them

pressed 4 for Media Relations, got an uplifting tune for about five minutes, so rang again and pressed 1 for Sales

a guy answered and he was polite and engaging but, to be honest, he did not seem to know about Pando, he made a point of saying that Bleepa was being provided free to the NHS during the crisis, but i had to tell him that Pando was doing the same

then he said the difference was that Pando didn't do images, but i had to tell him they did

then he said the difference was that the quality of Bleepa's images was much superior in that they were derived directly from the host data base..but, of course, he did not know anything about the quality of Pando's images

my technical knowledge is not good enough to take this further...perhaps someone can comment on the relative merits of Panda and Bleepa imaging?

all in all, not a hugely reassuring conversation.... but i am not selling (yet), there has got to be more to Bleepa than meets the eye-mage!

I sent them an email...let's see what they say

Well, it is explict on its site i'm afraid...it does not use Whatsapp...it has been designed and built to deliver clinical grade encrypted messaging...it also claims 45,000 NHS users, and lists about a dozen trusts it is working with...it is also free to NHS users....so, gulp, gulp, gulp!

On the other hand i can't believe that Feedback are unaware of it or that they will not claim that Bleepa is immeseaurably better. Perhaps someone should ask Tom to comment?

I have tons of Feedback shares so it pains me to report the following......

Has anyone heard of Pando? It seems to be a medical messaging service (including images), approved by the NHS and already operating widely in the service....the Head of Growth, Pando was on Sky News just now, in an item on remote working and mobile operations in the NHS. It seems to have bennoperating for some time and the Head of Growth said that its usage has exploded since the epidemic got underway. See link below. Should we be worried? Is Bleepa better, and if so why?

https://www.nhs.uk/apps-library/pando/

the wild swings occur because i understand that on AIM there are only three marketmakers in this stock