Member Info for LeMajor

Should say "or 07:30"

Usually RNS on Aim is pre-open, so what does it matter if news comes to ASX 10 hours earlier of 7:30 on AIM - either way it is a mad rush or stagnation depending on content and expectation. The time may be different today but the news may not be actionable until Wed, in any case.

Just skimmed that one - got it wrong - thought it said "bidding opened" on 15th, actually said "bids opened" (public meeting). As you say, probably a bit too soon for FO news (maybe data room exclusivity?).
Just want to see things move along - but with so many items due in Q4 (and the last week is usually dormant), we could have 1 RNS/week up to 21st Dec.
If the sp does spike it could easily breach the previous 4.3p, depending on the quality of news that would be a nice place to be at the start of the Winx road building phase.

Bidding opens 15th Nov (inc NS) - I wonder if we will have news on the FO before bids close?

With Qtly Report due AND results of RI take up, it will be an interesting week. Then another bunch of results over the following 7 weeks.

No point worrying about what I cannot control. I can only sort myself out - each manages as best we can.

Surely, 128k, the point of forward selling id to plough the cash back into cheaper shares. In this context I sold some shares at over 1p, and used the cash to buy my allocated shares via the RI at 1p. The ability to do that ended at noon on Wednesday. The sp may never drop to 1p again, so the horse has bolted.

All action week coming up.

If we are over subscribed there willl be nothing to offload - almost by definition the RI buyers will mostly hold onto the new shares, in which case we will start the climb back to 1.8p. Forward selling ? Bit late for that.

Sg, this may have a bearing "It is anticipated that Admission will become effective at 8.00 am on 08 November 2018."

Sounds like they turned the tables on the Bush Tucker trials. Ant & Dec must be told !

Got swamped by parakeets near Airlei Beach once - fed one, suddenly the camper was surrounded. It was a bit like a Hitchcock movie, but less monochrome.

Just pulling your leg. Shame they are not allowed as pets though, they have a handy pouch for carrying a smartphone.

WAaussie, I'm learning to speak aussie but these two phrases/euphemisms are new to me...
"grab a quokka" and "4 whacks of the donkey" - must google them.

As for those extra shares, if it comes to M-I-L or 88e, you made a good choice.

So Brom, the conclusion being 0.66 (or CoS 66%) is pretty much as certain as it gets !
Well that's a touch more comforting than DW's 50% (and he tends to be conservative).
If we are speculating, it would be nice to get a few extra Christmas presents this year and 4.5p would do it for me.
This could easily morph into a double yolker egg for Easter at 9p maybe a few chocolate buttons might be on the cards, should it spike around April too.
It may be wishful thinking but having been up to 4.3p previously, we have a few more barrels under our feet these days.
ATB

You got me 128, hope you and your gang (RichTea, SmallDog, etc) get your surplus shares too.
:-)

Brom, must admit that was my chicken line. I suppose 128k will now report me for what amonts to investment advice.

Got reply from DW last night about when we'll find out what portion of the "extra shares" we are likely to recieve will be announced. He was suitably brief.... "Monday".
Looks to me that HL will take the money when they know how many shares individuals will get. Other brokers may take all the money now, and refund some of it after they get the nod on Monday. We should all get the basic 1/7th, but I guess the apportionment of surplus shares will be calculated over the weekend. Don't count those chickens yet.

HH, if the shares are not granted, it will be because they are over subscribed - i.e. there will be no spares.
DW has said that there are others in the wings who will buy up the slack, if they are under subscribed - so if they are not "flippers" the open market will not see those shares for a while.

As this is not an "institutional" CR, nor is it aimed at "Sophisticated Investors" (aka Flippers), I suspect if there is a sub-1p dip, then it will be a very short-lived one. Even PI-traders are likely to wait until 1.2p before flipping. IMO it is more likely to see a surge - those PI's who failed to get their full set of "extras" due to over-subscription, will possibly use their refund to buy on the open market (especially if the SP is still hanging around 1p). That will take care of any dip, pronto.