SXX2 May 2019 13:19
Some think they were hard done by , but why ? . we all knew SXX was going to dilute by around 500million taking the shares upto around 10 billion , Did some folk think they were going to offer that amount to PI`s , , it would never have happened ,
So it would look like this you all kept your holding till the OO closing date then sold all your shares to buy the whole 500 million worth at 15p ,that wouldn`t work lollol . because that is what would have happened and the SP would have crashed straight to near 15p anyway like it did and folk wouldn`t have splashed out on the OO, what SXX has done is sold the bulk to " Hopefully " long term ii`s like pension funds and worked out that PI`s could afford to buy without selling their shares for a 1 for every 22 you hold in an Open Offer a small piece of the pie at a fair discount ,
Now what us PI`s really want is the ii`s to hold on to their shares for a good few years and keep topping up from the open market and want yours but you won`t sell , so it would really help the SP.