The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Think the SP of the shares once the dust settles, will be velow 25p. This is mostly down to overpaying for Interserve. In plain English it means the shares you held prior to today are wildly devalued. At best it may do what SIG did. drop marginally below the RI price.
Question is how much beliw 25p? I think that depends on whether they are in the wrong place at the wrong time. If the Dow suffers a big correction, which is due and these are already 25p ish, they will be given " a dam good hiding."
If you post on this BB did you not see my post? If you bought at 80p yesterday or before, don't worry about the drop so much, long term. You are now entiteled to buy some more at 25p.
I did not buy before today because I feel these will be available soon on the open market below 25p.
Dow reverses 500 point gain, what will happen tomorrow?
With the markets up this is flat, but should really ge heading to the Issue price. It is deeply concerning, with a drop or correction on Wall Street coming soon.
Good Post. Agree 100% and unlike last time in March, we will not see a recovery in months let alone weeks. last time all stocks fell at the same and most recovered at the same time, so you could not be in two places at once. This time it will be different, you may get the chance to see one stock recover and you can invest the proceeds in another crashed stock.
That may be the answer, with the SP falling to half the new issue price. From there it
could be a 3 bagger.
you have been told on several occassions, nobody has unlimited patience. You do not have the right to "hog" this BB. Your posts are a load of sewage.
i have instructed you on how to conducf yourself previously and you must adhere to these instructions.
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Agree with you, however when these go ex rights we will see them drop. At some point they will go below 25p and surely that will be to reflect the excessive price paid for the interserve facility.
However, at some point these will recover strongly above 25p.
Ahoy there!!! This SP will collapse
Is there not a facility in the agreement which states they cannot make a full takeover for the company for a minimum period? Once they hit 30% the bid price is based on what they paid prior to 30% meaning it will be a steal. That is why there must ge a clause preventing this?
last night I saw a spaceship in my garden and a group of green coloured men with triangle shaped noses a funny shaped eyes said they are going to take SIG back to their planet with them, because it is no longer loved on this planet.