Member Info for ruman99

Cal - thanks for ur valid input . One question , with share price below 1.00 , would i be just as better off selling the rights for what ever the value they are now ie 23.97 this am , and just buy back on the open market ?

Cal - thanks for ur valid input . One question , with share price below 1.00 , would i be just as better off selling the rights for what ever the value they are now ie 23.97 this am , and just buy back on the open market ?

Calmari . so if i have 17712 to excercise i would ned to pay E24k then ? is that right ?

Paddy - thanks for ur input . i was making reference to this Effective Cost EUR 1.38 in the notice in my ii account ?
What does tis mean , do you pay 0.92 or 1.38 for the new share ?

For reference, because the price for each new CDI is EUR 0.92 the effective cost of exercising each individual right will be EUR 1.38. Holders who do not wish to exercise all their rights may sell the remaining unexercised rights on the market (see the paragraph below entitled `Sell Your Rights` for further information about doing this).

Paddy - the Rights sell price is only showing @ 0.36p ? my average is 2.20 , should have sold Rights when the Price was 0.60 ?
what i don't get is the price from 0.92E to 1.28E the broker is charging ? 1.28E equates to £1.26 .
Like u say may better selling the rights using that money to buy on any further dips .

The closing price was 110 on Friday , why would u pay 0.92E / 1.38E which equates to £1.26 for RI shares? am i missing something ?
Wouldn't i be better off just selling IGAN shares and buying at 110 on the Open Mkt - Monday ? All new to me any bit of mind field at the moment !

How much do i need put into my account ?
From my ii site , Would i be correct in saying that we actually Paying 1.38E per new cdi share ? Rather than 0.92E i first thought ? At 1.38E that equates to £1.26 for the new ? have i got this right ?
My entitlement shows 8856 new IGAN rights to purchase , which equates to 13284 shares i can buy @ 1.26 = £16,737 .
Have i got this right ?

OPTION 2: Exercise your rights in full or in part.
Under the terms of the rights issue, every 2 rights entitle you to 3 new CDIs in IAG at a price of EUR 0.92 per CDI. Please be aware that you need to exercise two rights to receive three new CDIs. Therefore, all elections should be to exercise an even number of rights. Any elections where you have requested to exercise an odd number of rights may be reduced down to the next even number below that which you have entered, and the odd right remaining will lapse valueless. For reference, because the price for each new CDI is EUR 0.92 the effective cost of exercising each individual right will be EUR 1.38. Holders who do not wish to exercise all their rights may sell the remaining unexercised rights on the market (see the paragraph below entitled `Sell Your Rights` for further information about doing this).

Bring - Great read , its so sad these so called Directors , can abuse there positions, and small PI end up loosing everything.
How Directors can continue to draw down funds and drain the last penny before disappearing into night is '' Criminal ''
It will continue until FCA have real clout to make these guys accountable.
BMR is good example of this Type Of Activity

Could we now possibly get this IMMINENT statement ? , i would settle for JLP buying out the Royalty at a fair price, if 5-7p offers come in , i would accept and move on , however can't see this valuation being that high ?

Didn't expect this today . great chance to add a few more . Can't be to long now as each day passes by . GLA

Bring - that was not the Imminent Statement i was looking for - lol .
What on Earth is going behind closed doors it beggars believe .

3rd and final stage in USA for Oxford Vacccine:
https://www.youtube.com/watch?v=7SRs-BGDnGw&fbclid=IwAR0XH5wBcoO-lX0_uHfukYrTpjlYv5S8Yi5xNqP6q5UYRL4BjkJWg5huZYw

i think those statements need to be emailed to AB - BOD's, just a nice reminder on how inept there leadership has been and still is - now wheres that '' Imminent Statement '' one day we may see it - Lol

So the latest tweet was the expected Imminent News ? Lol -
This is now beyond a joke , When will it the all END !

just sent a email reminder , we await this '' IMMINENT NEWS '' could Sept be the month of Conclusion for this sad saga !1

fantastic news - opening price could be 30 + ? well done to those with patience .

oh , he's still a live then ! Does he know what the definition of Imminent is ? well ? '' Its about to Happen '' that does not mean months - years .

Demand for car batteries is only going to ramp up, EUA are in perfect position right now to take advantage of this .
BMW have signed deals no doubt other will follow.

German carmaker BMW signed a battery-supply contract worth €2 billion with Swedish manufacturer Northvolt this week, in the latest example of Europe’s big auto firms preparing for a massive ramp-up in electric vehicle production.
Northvolt will start building batteries in northeast Sweden from 2024 at a factory powered by renewable energy, which will also be able to recycle used power packs. Carmakers are now scrambling to secure a share of the projected output.

BMW’s Andreas Wendt, a member of the firm’s management board, said that “signing this contract is another step towards meeting our growing need for battery cells in the long term. We are systematically driving electrification of our vehicle fleet.”

The Bavarian marque expects to have at least 25 electrified cars in its lineup by 2023 and will need batteries to power them. According to the contracts it has signed with ‘5th generation’ battery suppliers, they must be built using only green power.”
Eventually they will no doubt require sustainably-produced European - mined lithium to further their green credentials!?
https://www.euractiv.com/section/batteries/news/bmw-agrees-e2bn-battery-contract-with-swedish-firm/

This is a good move by BOO, doing all the right things to put this right , the SP will move North soon enough .

talking about Precious metals this morning and how Palladium was 10 % up last week , also mentions Silver has risen 24% compared Gold this year, good to see Palladium getting this exposure . All sits well for Eua holders . GLA