Member Info for Paddyboy1

exactly SF. I'll get nearly 10k of new shares for 115. If the ticker price stays decent this is looking quite good now!

just sold a few isa ones to pay for the placing ones. 139. up, up & away

Mary i sold a few of the 170 ones on the squeeze & bought back on the dip last week. Average of 160 now so a bit underwater but not over concerned about this short term.

This gets quite interesting. so if we have a while to decide whether to take the offer up. If the ticker price keeps rising it becomes a bit of a no brainer even to just sell some existing shares to fund the placing ones.

shorts buying these back now!

as the ticker price rises the placing doesn't look so bad @115!

Well the theoretical price based on the dilution level alone should be way above the ticker price. Should be in the high 130s at least & i believe it will go there. The big drops are based on pure panic aided by short selling. Once this is done the SP can surely only rise steadily from here. Imagine an ADNOC suspension lift RNS now!!

y11 i have reported you to the police & LSE. Hate crime is a criminal offence but you wouldn't understand that!

A disgusting ****** troll is y11 with clearly no intelligence as he assumes ethnicity from a name. Disgusting noxious turd!

as usual the drop seems well overdone to me. would expect this to settle over 130 once the bedwetters are done!

well George, as i see it, we have a couple of weeks to decide whether it's worth it. Who knows what will happen in that time space. Best to wait & see till nearer the time. This is not a time for any panic. This will bounce back stronger once all this is over so no real concerns for the longer term but it is a bit of a bummer!

aspers, it's not a RI though so can't flog the rights

what's the story with shares held in an ISA if you're up to your cash limit? do you have to sell some of the existing ISA ones to make ISA cash available to buy the discounted ones?

Thanks for that Poker. Ah OK so we have a bit of time to see whether it's worth bothering with & for the ticker price to settle. I see it a bit differently then!

George, that is my understanding of this. You have to at least have the cash ready today. It actually hardly seems worth the bother for an 8-9p discount!

Mary it's not a RI as such. It's open offer so you can't sell rights. Have to stump up the cash today as i understand

1 new share for every existing 4 so you can buy about 3500 new ones

Just best to ignore the short term noise here. Will be way over £2 in couple months for sure if not sooner!

As i see it. Get this nonsense done with & i see very little negative in terms of future outlook then!

The sceptic in me says the raise is probably not needed but the bigger shareholders just taking an opportunity to fill their boots on the cheap here!