I checked out NT's most recent blog: "Synthomer (SYNT) announced a massive placing and a huge buy of another company. It is enormous for the company and it's going to be transformed. I would expect the shares to gradually rise and I'll definitely take part in the 1 for 4 share offer at 240. In the meantime I have added some more, I would think another 100p will be added into the price by winter" So he's bought at 394, 389 & 354 & will "definitely take part in the 1 for 4 share offer at 240", this will make his average around 350 if he didnt use the stop loss and assuming he gets 1 for every 4 he currently owns. Pretty pleased with my buy in at 286 now in comparison
Nuog was a slightly different scenario, they were still 10 days away from the shares being admitted for trading, in wsg case the shares were admitted on 1st August and I'd be surprised if the 2 things (receiving cash and admission of shares) didn't happen in situ (like for example an exchange of contacts on a house). I'm looking at in 2 ways, 1) we get an rns tomorrow explaining the situation 2) no rns which to me means cash has been received
nonetheless, if this Brexit vote had been an election democracy would have had its way by now, and no doubt the 'winning party' would have been promising all sorts of things in the run up, no difference there then and there would be no 2nd vote pre 'winning party' moving in to no. 10 if they hadn't liked who they had voted in, the only difference is the 'winning party' hasn't yet 'moved in'
RE: Article in the Mail on Sunday28 Jul 2019 13:57
and therein lies the problem with many pi's, a lack of patience. Why sell now when 18 is probably the lowest offer they'll get in 6 months time but with a chance of much higher, where else could you get that sort of interest rate for a 6 month term ? Easy to say but just let it do its thing imo