Member Info for mrcautious

AWS link no longer works ?

Didnt have much free capital left in my account but manged to add 68k at just under 1.8p, it does look like a goer !

Yes, I wish I had chums like 'Richard and Charlotte Edwards' have so I can make a guaranteed 4x return on my cash almost overnight !

Ive been doing well with EMH and KDNC lately -- its been a long haul but they are now popping. My position in CASP isnt massive now but I still have half an eye here !

Tell it to the market, they seem to blind to these facts as this slips back into the swamp...

There are a lot of modest PI style trades indicating to me that they think there is a rumour and are getting caught up with FOMO - thats how a P&D works, but I may be wrong and if I am I will admit it ...

This still looks suspicious could still be P&D

All good fun !

Absolutely cant buy anything atm...

I guess he was a bit too libellous about some AIM CEOs eg Steve Sanderson of UKOG...

My ave is on 2.1p this will either be a bust or a lovely windfall - no one on the board knows yet !

I doubt if he has a girlfriend -- but he does have a point that almost everyone on these boards has an agenda !

My moneys on a P&D we shall see on Mon/Tue...

Maybe it is NOW -- but I sense you arent a LTH ???

As I said earlier this being heavily day traded now as it is nicely fluctuating for the trader community. Its just like 4 years ago when everytime a sniff of good news and the share raised its head above the parapet it was shot off !
Only the RNS we are waiting for will fix this....

Funny though the title of the RNS - Results of Placing so you can understand my confusion.
Given this :-
Completion of accelerated bookbuild offering of approximately 19.5 million existing ordinary shares in Hargreaves Lansdown PLC

Further to the announcement on 16 February 2021, Peter Hargreaves (the "Vendor") announces that he has completed the sale of 19,543,974 ordinary shares in Hargreaves Lansdown PLC ("Hargreaves Lansdown" or the "Company") at a price of £15.35 per share (the "Offering"), raising gross proceeds of £300 million.

Definition - An accelerated bookbuild is often used when a company is in immediate need of financing, in which case debt financing is out of the question.

How is this not a placing as there are more shares in issue surely ?

To be honest the market has responded exactly as would be expected to this RNS - ie moderately good news of a step forward, but not the 'mission accomplished' RNS everyone is looking for - so in short 5.6% for upbeat but inconclusive news...

Also why isnt this unsuspended yet ?

Hopefully and hopefully that is a good deal for us - KM for once show us you were listening in class when you did your MBA !

iamrich - I have to defend ISB here. I have exactly the same take on this RNS as him. It actually says nothing that is positive for KDNC shareholders other than perhaps one more hoop jumped through. Reading between the lines here it could still take much negotiation to actually secure a satisfactory deal to release funs to finalise the 20% acquisition of Amapa. Im sorry you'd rather have Rah ! Rah ! posts but this is the reality we are talking about -- a holding RNS IMO...