RE: wsg pre--emption rights29 Jun 2019 17:54
but 10p is strong support because most know by now that they cannot issue shares for less than 10p without EGMs i.e in the short term.
With previous history, a bucket shop wouldn't touch a 10p placing as they will lose money.
A real investor might but he won't be selling.
So for a month, youv'e got the downside nailed and at present, cash is fine.
So whether your TA says it or not - 10p support reflects these fundies - not the other way round.
Right, that’s my post.
It says IS strong support- what has 6p in the past got to do with when fundies were non existent . I’m talking now and the next month because of a min placing price even though likely not required. I do not see why this is such an anathema to you to the point of obsession
Re your AGM point - are you for real? It’s annual ( the A) and we have just had this years 2 weeks ago - only about 100 posts mentioning it . ( along with rns etc)
Third, if your an ACA you would know the companies act prevents it . I thought you had cottoned on with this mornings post - I clearly gave you too much credit .
I just don’t why you don’t heed your own insult to me and stop digging an even bigger hole.