Member Info for Hussain1

Yes I understand it now. Basically as the rights are non renouncable my rights were sold to the buyer of my shares. I guess you learn everyday. This is one of those things you learn when you get stung as its not really clear in the prospectus

I have just been told by my broker AJ bell that I am not entitled to the rights. They initially send me a communication on 30th January saying my account will be credited with the rights. As I read the record date of entitlement was 28th Jan 2025, I sold my shares on 29th January 2025 as I expected drops on ex dividend and wanted to free up funds to up take the rights issue in my ISA. Lost out on the dividend the increase in price as could have sold after ex div. Now they are not letting me take the rights issue because o sold before 03rd Feb 2025. This is really frustrating

I only managed to get 5.27. Every time I have been involved in a rights issue the stock has tanked. I expected the same here but I clearly got it wrong for today.

Sold all my holding this morning. The record date of rights issue was 28th Jan. Am I correct in thinking I will be able to participate in the rights issue even though I sold my shares today? Many thanks

Sorry guys it was my fault this price starting coming lower. Everyone I buy something it starts coming down straight away.

I bought at 11.93 and as soon as I bought it trickled down. Disappointing rise so far

That would be amazing if it opened at that as I purchased at 16:29 57.99p lol... I doubt that would be the case though

Some of you guys are obsessed with calling people rampers and de rampers. I was just giving my thoughts. Time will tell if I am correct. Anyway my buy today was only for day trading purposes.

Well I stated I couldn't call the bottom and yes I still wouldn't be surprised if it came to the 60s given the uncertainty. Its a high risk high reward play on my eyes. I'm just being honest. As I've been waiting on the sidelines since the drop from 130p

I have been slated on here for calling the 80s. But I have finally bit the bullet and bought as there may quite easily be a bounce from here.

Well many said I was barmy when I called below a pound... Here we are nearing the 80s

I know people will get annoyed, but you can't slate me for getting my predictions right. I said 80s was coming and here we are looks like we will get there today. Now if I'm honest i don't know if it will fall any lower... But the truth is... Given the uncertainty the bottom could be anywhere... Wouldn't surprise me if it came to the 60s shortly soon.

I got slated a few days ago for giving fair advice that this would drop below a quid. I like many others am waiting for to find the bottom. Finding the bottom is very difficult but I still suspect there's a bit of way to go... Its like a falling knife at the moment. I personally am predicting the 70s that's what I'm targeting as an entry point. But there's definitely more way to go in terms of a drop. Seen this so many times with shares... Gk to ridiculously low levels due to poor market sentiment.

Well so far I am appearing correct as it slides towards £1. I'm just being honest with people on the position I'm taking. I believe the company is a quality one and will rebound however due to the panic it will drop below £1 mark my words. You are the one who seems to know zilch about the markets as this is a very common occurency on bad news. The markets react to sentiment and right about now the sentiment is not great. So this will definitely come below £1,maybe 90p or 80p even... Its very difficult to call the bottom. But what I do believe is that this company will rebound eventually once the problems are sorted. Even though that may take a while. I'm sitting on the sidelines for now and waiting to get in under a quid.

Sell and buy back below a quid... You know its coming... Eventually the price will bounce back up... But below £1 is coming.

Would be very tempting to get in this if it dropped below £1

Don't know whether I should dip my fingers in this drop. Don't want to get burnt or catch a falling knife lol.

But surely there should be some price movement with the way oil is rallying. Hoping for a turnaround in its fortunes.

Does anyone know why this is not following other oilies rising? How much do they produce and have they hedged their prices long term or something? Even so just general market sentiment should see it rise slightly unless there is something rotten going on... Either way I have topped up at these prices.

This is one of those once in a while opportunities. Sure they have their debt issues but with oil prices pushing higher this can rerate towards £1 and over. Just remember stocks like fxpo when they hit 12p and rerated massively when commodity prices improved. In my opinion its a strong buy.

I can't find the stock to buy

Knb
Kanabo
Brings nothing up