Member Info for Meganx

6.29/6.29

I am but I’m at work

Thanks I know it’s not guaranteed to go up if it doesn’t I won’t take up offer but if it does I’m no lose

I can trade up to 21st as any sales are automatically available to use to buy more shares only delay is if I want to take cash out

Would like advice on my theory on making a few quid
Say my open offer was 600000 at .18
Share price is bound to get ramped from Monday or no one would be interested in taking up offer right ?
Say price goes up to .24
I could sell 600000 of my holding for £1440
Then take up open offer to buy 600000 at .18 for £1080 keeping £360 profit
Correct me if I’m wrong please

thanks for responding today much appreciated
one last question
why does trades page show my buy as a sell
am I reading something wrong

ocelot is good for keeping us right doesnt advise but explains it well

nor me but im new to this too
i read it as u have 3million shares u can buy 600000 at .18 whatever price is on 21st
no idea where the 1p comes from for calculations though
like i said im new so could be very wrong

mine is the same whisper
i think it is based on taking up open offer and the price estimated at 1p

Thanks for your help by the way much appreciated

My Isa account allows any sales to be reinvested once sale is done within minutes

Thanks for the info
I’m thinking of buying the equivalent of my open offer now then hoping for a positive RNS on Monday to push price up say to .24-.30
Sell at profit and take up open offer on 21st
Is this possible and allowed ?

What would the share price have to be to tempt anyone to take up the offer
As I presume it will drop again after more shares released
Opinions would be appreciated as I’m new to all this

think its poorlee surely

followed ISA and Vinson through this
my decision but im in whatever thanks guys

see you all on the other end gl all

im down now after being a few grand up but im in regardless now could lose 4k or make 40K life changing if it comes off but live with it if it dont so whatever people think im decided come on Amigo

thanks for what you have done much appreciated. I dont blame you for staying away now GL to both of you, I do hope to hear from you both again though.

honest opinion I am in this expecting a positive result in my investment. I believed the company would survive 6 months ago so all good, not as positive now but I am holding on to my initial thoughts after doing my own research on this share. however I am completely new to investing, but I am in until judicial decision, still confident but hey ho I like a gamble so GL

amazing reporting today ISA much appreciated, Imagine the activity on buying/selling today if shares were still trading. now that would have been fun. GLA not over yet