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Whose right here,recent posts show henry says its a 40% dilution,balls of steel puts it at 30%,someone else thinks its a 65% dilution as 31 is 65% of 47.Should these people be even investing with these questionable basic math skills?
The problem with these rights issues from previous experience is the share price has a nasty habit of falling below the issue price in the future which will exacerbate your losses bigtime.
Really??I have yet to be barred from a RI because my shares are held in a nominee account!
So its that bad,but why hasnt the SP tanked today rather than rise,if the writing is on the wall?
If these 20 or so "highly intelligent"people were investors in Hurricane Energy then that sounds contradictory to me.
Not sure which one is best a buyback or a special dividend.Does anyone know if the shares are held in an ISA can the proceeds be re invested or would that be considered as contributing more than the £20 pa max in one year?
The end game has come and you are playing at the last chance saloon.It is gambling after all.
Would anyone care to guess when the next dividend might be paid.My guess is 2026.
And where did you hear its drivel.It wont be drivel when it happens.If you don't like drivel then don't post anything as you are just adding to it.
I remember a comment about PB I read on the Motley Fool when the SP at the time was about £4.95.It said is this your last chance to purchase PB shares at below £5.00.I can safely say that there was absolutely no hurry whatsoever.The name Motley Fool should I believe be taken literally.Only a fool would print such crap.You will have plenty opportunity to buy in well below that,10 years maybe if its still around.
I heard that they might be going cap in hand to their shareholders in the summer to bolster their finances, and there wont be ought to look forward to end of February either.Oh dear we'll just have to sit this one out and see how it goes.