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He's not going anywhere. He's been here for ever. Let's face it who's going to have him, except some real mug outfit
This has legs to 11s fist, and then 20s mid term
I havnt looked in to the background, but one possibility is the predicted CGT hike in April, loads of high net individuals are selling assets to avoid the expected hike.
Are there any outstanding placings to be disposed of? When was the last placing?
All company updates must be done through RNS first
We are just above the down trend channel . Break it and off she goes
Do you even realise the drop is due to the Rights issue and not a drop in value?
Been tipped in to looking at ORM, with the view to put a lump in. Maybe Β£200k.
Can you help me out with some pros and cons with this investment?
Steady increase on ADR
@Lithiumfantasy, your comment is laughable. What exactly did you think your signing for? I tell you, when you buy any share you signup to losing every single penny. Get real, and get out
You guys something. This FTSE100 stock is still up 8% on day and its all doom gloom and short this and manipulate that??
Get real folks, if you cant take the heat, get out
Never nice when an ordinary person loses money, but he was particularly arrogant about it.
Thats never nice
Never nice when an ordinary person loses money, but he was particularly arrogant about it.
Thats never nice
Looks like the peops here have pumped this nicely for you
Go my son, top it up, it soon be 50p
@LSE086, You are right , at this rate the SP will be zero in 35 hours
Alexios, After the RI, each share is an entirely different entity. Its price recalculated, and with a new life. The old shares in its current form will no longer exist.
So yes, The short of today's share at 160p will become multiple shares of lesser value per share, but in their entirety aggregated to the same short monitory value. So yes, Ratty will endup with 13 short shares at 60p, instead of say 3 shorts of 160p. His short monitory value remains the same.
But somehow I feel he think his current 3 short shares will suddenly become worth 60p on the morning of the Rights Issue.
That is so wrong
Please ignore all reference in posts about MMs and what they do or dont do. Its all nonsense conspiracy theorists blaming their misfortune on some nasty market maker manipulating the price because its been told to, instructed or they are short of stock, or filling an order. Its all crap!
Trading is done via electronic order book and although the orderbook is fed by a list of authorised MMs, more or les anyone can enter orders in to the book and create depth in the market. So its an even playing field and difficult to manipulate the price of a company as big as RR as there are constant stream of orders in to the book
Ratty, Im not sure you understand RI, which I find amazing. I keep hoping Im wrong, but the more I read from you the more I think you just dont understand RI
Pre RI and Post RI shares and prices are entirely 2 separate beasts. The shares are issued in a different form, different ISIN and so on.
You cannot say that whats worth 165p today, will become 60p tomorrow after RI. If you short at 160 today you WILL NOT be better off by 100p just because post RI the share is trading at 60p.
Do you understand this? As I feel you dont and think the more you pile on at 160p you will be rewarded by 100p a share over night
sounds like you still live with her. you mention her alot
seamus, I think you mistyped quoting your mum