Hargreaves Lansdowne8 Apr 2021 12:01
One of the UK’s biggest brokers, doesn’t deal with Peterhouse, so whilst the good intention of The Company to offer placing shares at 3.5p to existing investors, the reality is you won’t get them if your broker doesn’t already have a relationship with Peterhouse.
So, I for one, even as an existing shareholder, cannot enjoy this nice discounted price.
However, Whether the stock visits the placing price of 3.5p, which is the usual occurrence, is another matter, so to hedge my bets I’ve grabbed some live at around 3.8p.
I’ll keep a good whack of cash and continue adding into the sell off as my suspicions are that this will move up very quickly on its main market listing.