RE: Primary Bid5 Jun 2020 00:42
“Just had my Top Up, couple of grand, thank you to the BOD for allowing the PIs to get a chance to participate”
Unlike you opulantia I don’t feel there is much to thank the BOD. After today I am with Redkinight1 –angry. I am not as sophisticated as many of you on this board but I see this as NM selling out faithful PIs like me. My rational for it
• Came home to find I have till 9.00 to bid and by the way
• That may not be true as it could have sold out well before then
• I am not primary bid customer so have to
o Open account.
o Find funds
• No time given to raise funds as market and banks all closed
• The directors, on the other hand, would have known about it well before today and would have had plenty of times to put arrangements in place to purchase first thing leaving the PIs to fight for the remainder
“Am I alone I thinking offering some discounted shares to long term private investors might be nice?” No you are not shipwright. If NM wanted to reward long term PIs then the competitive short notice is hardly the way to do it.