Member Info for shamI89

@SurreyLad yes, your entitlements would be sold to other interested buyer and you will get the money.

You have got to be holding your shares on 18 February to be entitled to rights that is what my understanding is.

If you dont exercise your rights you will get the money.

It depends how they dtermine shares to right ratio.For Argunent's sake shares to rights ratio is 1:1 which means anyone holding 100 shares would get a chance to buy these rights at certain price.Lets say someone had 100 shares at 180 and had a chance to exercise rights at 50 his average would be around £1.25 per share.

It is pointless arguing with Mega he is clueless and idiot.Yesterday he reckoned that a drug which has not even passed phase 2 trial was worth billions.Lets put it this way , he will say anything to get his 10% profit.

"P&D" merchants talking about holding long-term.Well rest assured that moment they breakeven, you wont see their posts on Bb ever.CEO is incompetent, nornally you determine rights issue price, iron out everything and then inform market.He has to determine the price and rest assured that no one would pay a premium.It is upto market where it takes it.

He has to be one of most stpid people.This share would be heavily sold and right now it is a bottomless pit.You dont know where it will end.He should have just announced a price and that would have put a bottom in.

To announce the price otherwise it would keep on falling.It can be 30p, 40p,50 nobody knows.

It is not him only his whole crew is in this.He thought he can "p&D" it.

If CEO was not enough to destroy this company we now have multiple "p&d" merchants involved too.

He just needed to give out rights price and market would have acted accordingly.Right now it is a mess.

Mega is back for another "p&d".

looks like this presentation has ****ed institutional investers off and some of them are dumping.

Watch this space!

Ouch Orange has to get out at with 35% loss.Priceless this is.

Who said it will be €50?He could have clarified that today to remove uncertainty.

Yes but if price is 30 then there is no point in buying now is there?

They can always get back in thrpugh rights issue,cant they?

Rights issue price yet, would it not create permanent fear of heavy dilution at anytime?

You have to wait for a very long-time to breakeven orange