Open offer for me23 Jun 2014 18:43
Option 1
15600 shares after consolidation, 3900 extra from open offer will ask for extra 5500 shares, so in total, if i get extra then 25000 shares & if price stays at 13p after the changeover, then my new avg will be 12.25p.
Option 2
15600 shares after consolidation 3900 extra from open offer = 19500 shares with no extra. If price stays at 13p after changeover, then my new avg will be 12.6p.
Option 3
Opt out & sell now, then wait & see what happens after the 3rd July & use the cash elsewhere.
Option 4
Do nothing hold & wait till after the 3rd July & see what happens.
but whatever i decide i'm £1000 down from original investment..so it boils down to how i value the new company & how confident i feel that they will reach 50p in say 6 - 12 months, mkt cap will be £95 million there or thereabouts.
Got the forms today & will mull it over tonight before deciding..