RE: Surplus Shares30 Oct 2020 07:17
Speaking on behalf of my friend Rox. We have previous, over on AML, you know!!
@ Batfasted. I think, you've slightly mis-understood Rox's point.
The RI was a disaster at take-up, since we were all buying far cheaper on the open market.
As such, II's who backed the 12p price, got saddled with them, instead of making their usual profit.
So, plenty still floating around in the market, looking for an eventual home.
Hence, downward pressure continues on price.
Rox, was just asking how many still floating.
My post is said like a true holder of the old original IPO shares at £1.85 old money. Yes, that's right £1.85 old money, equates to C. £27.75 new money.
Struth, i am one of those holders (only modestly, though).
I'll be in profit by crymbo.
Go, Uncle Rog.