Member Info for Monkshood

It looks like they have opened a Gorilla Trek at Chester Zoo which I don't think has been rns'd . It looks container sized so 6-8 seats? which will be enough to push the over the 500 seats they expected to hit this year.

Somone certainly wanted some! a £37K delayed trade reported from yesterday @36p.
I top sliced a few that I had added after the Director (+trading) update in October. I am keeping the rest for now as airplane manufacture is looking OK and I think that there is a lot of potential for additional alternative applications going forward.

Essentially multiply your original allocation by 1.86

The easiest way to look at this is the excess as a percentage of the number allocated in the offer (as this will already be in proportion to your holding).
Provided you asked for an excess of the maximum amount possible, you should have received around an additional 86% of those in the original offer.

The placing is around 25% discount to the asx price. $140M is underwritten. Probably now held by some of those shorting it since the beginning of the month! The last time we (lse listed holders) were not eligible for any under the entitlement offer, hopefully we will not be locked out this time.

Yep, a good set of results. UK (Highstreet and travel) was a bit better than I expected. With the reinstatement of the divi as well I think this will see a good rise from here.

It looks to be a December update (below).
I think the -
"The business is in a strong position. Velocity has continued to trade as expected in 2022. We are progressing well with expansion opportunities. The Company plans to announce a trading update in relation to the year ended 31 October 2022 in December 2022."
-at the bottom of the Director Change rns was the key to the turn around.

It was tipped in the Times mid August and if you look at the charts has been going downhill since!
Hopefully reached the bottom now.

Braveheart have >4% holding in vel - this has bounced back very strongly in the past week, perhaps the two events are connected?

Invesco, like them and have been building a stake.

I was going to sit out on this one but the price has got so low if nothing else it has become a takeover target.
Having the CFO's wife buy some does indicate that they do not see liquidity as a problem.

Yep, I'm still here. Nice to see it starting to move back into the 20's

I listened to a talk from the fund manager speaking last., they are expecting a 20% fall in commercial property values over the next year. Today's rns indicates that this is already starting to show with the sale price being 11% below Junes nav valuation. The question is to what extent is this already priced in with the 50% discount?

I agree, I still have a small holding here but not adding as their comments about deferring developments indicates cash is tight. I think that it has long term potential, but it is another for the bottom draw for now....

According to Bloomberg only 10% of the gas stored in Europe is owned by the national governments the rest is held by traders and companies who can sell to the highest bidder.
They will be in no better position than us in the winter.

I took my full quota and was going to get some more but then picked them up when the price dipped under the 40p, I doubt I was the only one.

Cheers Theosus, listened to Mario, quite interesting for a different viewpoint.

Thanks for the comments, I realised that they had already delayed it once but what I was trying to understand the economics behind this action. Is there a significant cost to delaying until next year or is it just about credibility?
Is it a case of the BoE having said we will start so they proceed, even if the current circumstances (and market responses) indicate that they may be better waiting further?

'The Bank of England denied a Financial Times report saying the central bank is delaying the start of its program of gilt sales, prompting a selloff in UK bonds.'
We have just had a whole raft of taxes cuts removed to stabilise things. Last week the BoE was buying the bonds, how does starting QT square with working with the Treasury to provide stability as Bailey said the weekend.
It has to come at some point but surely this is not at this time? Genuine question - why is the BoE so keen to start on this now rather than next year? (Usually they prefer to be behind the curve!)

Average next day price for Q3 was around £294MWh so they should have plenty of cash to pay down debt on Hornsea.