Member Info for mline

You should get an email from HL telling you there's been a corporate action on one of your shares. You will then have the option to not take up the Rights Issue, or take it up in part, or take it up entirely, at 32pence per New share. They will be quoted separately while this is working itself out. When they finally go Ex-rights (ie, you no longer are allowed to buy any), the New shares will be merged into the Original shares. If any New shares don't get bought in the market by the existing share holders, they will get offered to (and, in my experience, normally completely hoovered up by) investment funds, pension funds, etc.

Can everyone please stop saying you should sell and get in at 32 pence? These will not get down to 32p.

If, like most of us, you are in these already, you can either wait and hope they will rally after the RI is out of the way (yes, from a lower base, but not from 32p), like I'm going to, or sell now, take the loss, and forego the 32p shares.

If you're NOT in these already, please stop de-ramping. There's been enough bad news in this share over the past few months, we don't need people revelling in it.

This won't get to 32p

Just in case there was still any doubt, this is 10 New Ordinary Shares for every 3 Existing Ordinary Shares

Shares in issue will go from 1,930,995,313 to 8,367,646,356 after this is complete.

If you have 3 shares at 1.30 (value 3.90) you can now buy an extra 10 at 0.32 (value 3.20)

Total value = 13 shares at 7.10.....or 0.54p each.

But, I assure you, this WILL be taken up fully.

At least this is finally done and out of the way now - no more speculation driving the price down week after week...

What do you mean? If you don't take up your rights they get offered in the market...but the value of your holding still falls to the normal SP. It's extremely unlikely that the entire tranche of RI shares won't get taken up by big investors, pension companies, etc). You'll normally be able to get down your average price by buying some of the RI shares, but you don't have to. Be aware they will be offered at a discount to the market; so, "cheap" ones....

Absolutely laughable! I think you're on the wrong board mate. haha!

I think that's one of the reasons yes - the other being that the virus has been proven to spread wider and faster indoors than out - so they are trying to bring some of the outdoors in, if you see what I mean.

That's a spoons-wide policy - my local one in Billericay (up the blues!!) has the same but there's a big banner stating JDW's policies to try to keep their doors open and the virus out. It does say they're sorry if it makes people uncomfortable (sorry arudge!) but they need to leave the doors open so please ask to be reseated elsewhere if possible if you get too cold.

I say it's a good idea, if it keeps even 1 infection out of JDW pubs...

It won't be a single share trade - it would be some sort of adjustment.

Whatever they decide to do I wish they'd do it soon!

This share's pathetic. Wish I'd never gone near it. Can't believe the BoD are staying so silent. If they need to do an RI, they should have done it weeks ago, then this would probably still be above £2 even after the dilution. To watch this just drip, drip, drip down like this daily and not try to placate the markets at all with any indication of what direction they intend to take is really poor.

Bottom-drawing these, apparently for the long term, but really unimpressed with the Board.

What? Mate - that's a pretty stupid thing to say!

These things seem to be unch on a great day, down 20% on a bad day and down 5% on an average day. Is there any news out? Or is everyone still just thinking about an RI?

If that works I'm taking up the charts. This crystal ball stuff I'm using is useless!

Oh no, it's ok again now. Thank God for that!

Must be something wrong with my monitor - what's wrong with the red colour they use for the SP here? It's not quite as red as it has been every other day for the past month. Best I buy another monitor! Damn!

*logs into ebuyer...*

Yep. But, to be fair, all sales involve a buyer and all purchases must have a seller...

I was about to say the same thing. If you're waiting for, say, 160, then hold off (I mean I don't think this will get that low, but then I never thought it would get sub £2), but if you're waiting for 188, and these are 191, then don't worry about it - it's about a 1.5% different entry price. It makes no difference to your future profits or losses at all.

Good work fella. I don't think these will get back above, say, 220 any time soon, but I really can't see them getting much lower than this. Unless, of course, they issue an RI, in which case they will, depending on the ratio, etc.

260.

To be honest if RR had had an RI weeks ago they would probably have been back above 250 already. The lack of communication, together with the rumours about a sell-off or RI have smashed the SP to where we are now. And if they do announce an RI we will be going lower still.

Bah!

I really don't get this share; the SP has pretty much halved in the past 3 months in almost a straight line - and we've had nothing from the BoD about it. No denial about a potential RI, no word about any assets they are considering hiving off, no trading update to calm the nerves, no future plans for additional revenue streams. Since the thing about the Chinese Nuclear power stations deal I've seen nothing.

I just can't believe they are just watching this slip away with such an apparent lack of concern...

And now the talk about dropping out of the FTSE. I mean, come on RR - give us something...