Member Info for Megan1

Hope everyone had a good day. I don’t have anyRR shares cos stupidity sold at a great loss. However I kept the rights. Surely though when they are traded on 11th the price today will drop from £1 at close to something a lot less. Here’s hoping they don’t but I cannot see how it can stay that high with all the extra shares in issue.

I really don’t know why everyone is so excited about 500 million coming into bank. If you think the sp will increase even to 21/22 think again. If that was the case do you not think that loads of institutions would be buying up the shares at the current price. Guess what they are not. Trust me I’m hopeful as well but it just isn’t going to happen. Increase in oil to 50 might do the trick though.

Seems sp going nowhere, up, down everyone speculating and 30p after funds drop. Why not 25p,32p65p or anything else p. It is after all just a guess. At the moment Tullow don’t have a lot going for them, COVID, Poo, American election, very high debt, and a lot more. I am in here to the tune of £42k so I am certainly hoping for the best. So good luck all.

Glad I asked the question as I can see there is still a little confusion. I think Cosm has it right thinking about the amount of shares that are going to amalgamate. Dilution of share price must be inevitable so maybe we are looking at a price of around 60p on 11/11. But that then leads to another question why are people buying at the current price of 78p ????

Sorry everyone, perhaps I didn’t put question right. At the moment the rights shares on self trade are 46p but the RR shares are 78p so on the 11/11 what price will the rights be . Thank you

Question. On 11/11/20 the rights come into play. Does that mean that the RR price will drop to the RI price or will it average out to the amount of shares in circulation , thank you

Sorry wrong board

Question. When the rights which I have held come onto market, will the RR price drop to same or vice versa. Or will they average out if you know what I mean. Thanks

Thanks everyone, guess I will see how it opens tomorrow but with lockdown and more flights cancelled it’s not looking good short term, yes I should have taken your advice before, certainly wish I had as now showing 12k loss.

I have 12000 rights which I could have sold for a lot more than I can tomorrow. I also stuck with my original 3,800 RR shares which I could also have sold for a lot more than I would get tomorrow.
Please sensible advice sell or hold. Thanks
Was thinking dump the lot and add to my Tullow holding which is doing ok.

Down £10000 on RR, not sure what is happening

Can anyone hazard a guess what the share price will be once the ex right shares are in with the rest.
Thanks

With alleged payment of 500 million I can’t understand why everyone is selling. The trades are mostly red with very few buying.

Be lucky if it finished above 19p ??

I am with Selftrade (EQi) but I haven’t heard anything from them regarding the RI. Has anyone else heard anything who is with these. Thanks

Sold 100000 for 20.5 on a limit order, pressure from the missus. Could have made more but very nice profit. Still holding 158000. Would like to thank those of you that kept saying hold as it would come good with RNS. We should all remember that we are all small Private investors not big boys running around in our Rolls Royce’s and we should all be helping one another. I personally have been burnt many times.

So does that mean it’s not a popular share even with £500m coming in

Maybe a stupid question for the very long term holder but if 500 million is due allegedly in the next few days according to some on here the why is the sp going down from yesterday slight rise.

Thank you

Thank you, do you think it still worth buying more ?