Member Info for soul

I'm afraid the 50p mark is stamped for a reason and it is to show that they are in total control. Whatever reason they have had cannot change overnight and I dont think it had anything to do with II. The lesson learnt here is that the SP is going to do exactly want they want them to do so no Vettel share purchase or Clarkson review is going to change that. I'm afraid its going to stay at 50p mark until they allow it to change to what they want. They own this share.
My prediction 50p until the 12th and 65p on the 13th.
I truly want to be wrong and I hope I'm out of my depth. The SP at the end of next week will clarify the dynamics further. Let's hope its in 60s and I will be over the moon.

Rox; what was your other 10 bagger?

Anyway it wont include AML factory as previously discussed.

Look at the bright side Dunnie, end of the Lock down would be the eve of the 12th.

selecta:
i) 243.7 was hit after the official closing time.
ii) No one knows but I personally think you can get 241.5 at the bell

But I'm sure Poleaxe can better answer you. I am only trying to be of assistance.

Poleaxe; very correct sir. A person of knowledge is always very appreciated. Any insight as to my dilemma?

I know I have to pay for them and I pay 3333*32p if I have 1000 shares as of Monday hence £3497 at current SP.

Aresenal; Soup is probably right mate.

what I don't get is that if you buy 1000 shares on Monday at £ 2..43 so that you will be allocated 3333 shares at 32p, the 4333 shares will have cost you £3497. How is this possibility justifiable for anyone to buy anys hares on Monday (or even today) and still profit from the allocation. Very confused.

I presume they take Tuesday the 27th as the dividend date when the registered shareholders can vote for the RI, making it the last date to hold the stock.

Dear TP: please note the following copied from IG on RR's RI:

"How do I take part in the rights issue?
Investors need to take action if they wish to participate in the rights issue. If you hold a Rolls Royce position on the close of business on 27 October then we will book the new rights on your account on the Ex-Dividend Date on 28 October."

It seems that they honour 27th as the last date or it could be only IG. Only for info.

AHPWJ; I have done the same thing but for the life of me I don't understand how could the SP rise over 7% when you have a 77% dilution round the corner and just to break even you should have bought it at around 1.4. Any assistance is appreciated.

Hello Everyone, I'm not from this BB but I have a short position on RR. I have noticed there are alot of confusion on the matter so I have copy paste a useful information from IG platform. I must admit, i'm still not 100% clear on the topic but this may help:

"What if I have a short position, what happens to my position and what are my options?

As you are short you will have two options. The first is to trade out of the rights before the IG deadline date to close the position. The second is to do nothing and risk your position being taken up automatically depending on the result of the offer.

Doing nothing could mean having the rights removed around the pay date and potentially having a new short position in Rolls Royce booked at the subscription price."

On a different topic, could anyone explain as to why RR is up7% when its going to be diluted 77% in a few days and to just break even you should have bought it at 1.40. This is blowing my head.

Good one Frank

Perhaps Crank, that would be very interesting but which interested party. Just imagine if its Daimler.

Its going to be a surgical 50p.

This means 70-80 mil shares have been sold in the last couple of months without affecting the share price that much. A tight control all around and probably in coordination. They know what they are doing.

yes 3300

WOW. II is out. Zilch.