HERE HOPIN7 Apr 2020 22:30
I saw a post earlier from you and would like to know where you got the information that the share price was less than 5p at the rights issue in 2017.
The cash call, which amounted to £607m, was being done at 130p, a 45% discount to the firm’s share price before the announcement. The issue was done on a 25 for 49 basis, the share price never went anywhere near single figures.
I am not having a go here, I value you as a poster but your figures in that recent post are completely incorrect.
Would also like to confirm the recent 300% rise has not been linked to the POO, oil went down Friday for example, the fundamentals are driving the share price forward, I expect this to continue tomorrow.
ATB