Member Info for Jaxonsax

"redevelopment of the Whitgift shopping centre in Croydon, a £1.4 billion project that was to be led by Westfield and Hammerson, has been abandoned"

That was before the share in OO effect. They had 25m shares in Poolbeg before the divi in specie shares

Yes him and his mates gave themselves 10% pre new money for not much outlay

now that the news window has cleared i wonder if CF will schedule a webcast? He said he wanted to do them monthly and its almost a month since the last one. Could help him deal with some of the issues raised in the last month and put some meat on the bones of the various announcements.

CF's buy by any chance? £300k

me too

until we get DIM then it all starts again!!

Surprised to see full allocations on PB. I expected scaling back if the offer was well received

How do you get 37p?

"small gap in the schedule" says its probably more like £2-3m max i would say

Primary bid closed today but the wider book build / roadshow goes into next week up to 13th.
Result and allocations announced 14th

Didnt CF say it was worth a billion?

I agree. Having seen the gov.doc i think theres a linkage so they can have a splurge of announcements of their new initiative and i'd be very surprised if we dont get the RNS this week now.

Cant be CF buying until after we get RNS on the 'news' - that would be insider dealing

"What fees will you charge me for investing through PrimaryBid?

PrimaryBid will not charge the individual investor any commission for using the platform. Instead, we charge companies a fee based on the money they successfully raise through PrimaryBid. "

thats what it says on PB website

Thanks for the link ThinIce, i wasnt fully aware of the background regarding Fastnet but its provided another perspective on OO and our illustrious leader

They had a very large II on the register in Invesco who sold out so maybe that indicates how II's view it.
Its a small company and liquidity isnt great for an II. Look how long it took Invesco to dribble their holding out
Its not cheap relative to turnover and profit so its largely a momentum play which fairs better in the the US than here
One other thing II's look for is that what you say will happen does actually happen and CF isnt doing too well on that front

Interesting to read a first hand account.

Reassuring to see the meticulous level of care given during the process

i dont think it helps having the lock up for 9 months. May be putting some people off to have 10-20% x 4 of your holding taken away and locked up for 9 months.?

its a forward P/E based on the next years projected numbers so how can it be a 'lagging indicator' - a historic P/E id agree

good point. Looks like there may be tax losses of around £8m from reading the accounts so that may be true for a year or so but bear in mind the CT rate also increases to 25% from 2023