& theoretically shouldn't really hit the price too hard given that it would clear up all the uncertainty. The shorters will of course use it to try to tank the SP. Anyone holding long term this is of very little concern at all!
JG so if they did a straight placing tomorrow. Based on today's close price of 158. So tomorrow you would then have 495m share in circulation. Mkt capitalisation increased £548m + £180m. So £728m new market cap / 495m= 1.47 new SP
Rock because those were distressed raises that was why they went down the RI course. I suspect this will be snapped up by the large holders & PIs won't get a look in!
this would have been discussed for a long time behind the scenes probably explains the delay in results etc. If the BoD have got agreement from large shareholders to underwrite a full 150m share placing @120 that is what will happen. There will only be a RI if they cannot get the full amount underwritten from within!
almost always the case JG. panic drop on announcement. Then settles down. happened with IAG, RR etc last year. It's not as bad as some will like investors to think. In the end if they need the cash, they have to do it!
JG, if it's an II placing 150m shares @120 it means there would now be 495m shares in circulation with market cap increased by £180m. Short term the market usually reacts badly. I'd expect this to drop tomoz to about 140 but in the coming days would settle down. Who knows?
Personally i'd just hope they get it done & dusted so the company can move on from all this uncertainty & nonsense. This would only knock the SP temporarliy. No big deal if you're happy to hold here!
No you go away you 24 carat Ar sehole. You come on here trying to get people to sell to satisfy your bubble gum purchases. Proclaiming to be Warren Buffett or something. You are an outright buffoon who jumps from board to board making a nuisance of yourself with your mum or granny's pension & universal credit. Feck off you little locust!
y11, everyone sees through these retrospective wonderful trades you claim to make. Always a buy @ the lows & sell @ the highs but of course never declared at the time. Incredulous & utter banal trite nonsense. Go back to reading your comics!