RE: Paddy1 Oct 2020 21:46
Dean, let me be clear. it is not, has not & never will be my intention to scare anyone with my comments. Any comment i make is my opinion & my opinion only, as are yours and i respect that view. In regards the RNS re subscription. If you read between the lines it says '93% taken up' & excess shares oversubscribed. Yes oversubscribed by investors duped when the TERP was c.134 into believing there was a quick 50p profit. So, those investors subscribed & were then committed to that purchase while watching helplessly as the SP tanked to sub 90p. I sympathise with investors here who i feel have been led up the garden path with the whole RI debacle. Same thing is happening now with RR too. Same manipulative dubious practices. Why has IAG not released a RNS stating why none of the BOD subscribed in full to their discounted shares? that is a total disgrace & in itself should be enough to at least concern investors here. You will recall Dean that just prior to the ex rights being traded i said on here that the price would fall steeply from 130 levels down to 100 levels. You refuted what i said then, but it is trading further below what i said. I never price predict to 'scare' people but i personally am convinced that the SP will fall when the RI shares begin trading. That is my view & mine only & i may be wrong & as i'm not invested currently i wish all holders here best of luck. I'm in no great rush to invest in IAG, there are many other investments around. Thank you.