Member Info for Toffy

What does this mean?

As a current shareholder how do I buy new shares? Do I have to do it by 5pm today?

I bought after 1 September. If the cut off date is before 1 September 2020 and I can’t particulate in the open offer then I’ll dump my entire holdings and move on. I think many others who bought after 1 September would do the same.

If on the other hand the cut off date is 10 September or later, I’ll hold long term and buy more.

Open offer is also known as a pre-emptive placing or placing subject to clawback and gives all shareholders a guaranteed right to participate. It differs from a rights issue in that there is no option to sell your entitlement in the market. The options are simply 1) take up the offer or 2) let it lapse.

As a shareholder, I just got an email re open offer. Does open offer mean it will be open to non shareholders?

I need HEMO to hit 50p to break even from other loses this year. Keeping fingers crossed, not in any hurry, just as long as this eventually hits 50p that would do nicely.

Have a great weekend all.

On 16 March share price was 9p. In four months SP has increased 600%! There will be some on this forum sitting on 6 bags...

Share price on 16 April 2020 was 65p. What a crazy three months it has been.

Excellent digging on big bench.

A few weeks ago I sold off at £1, at a massive loss.

I was going to press the sell button at a small loss at £2, but held on. Then again at £1.50 and still thought I would wait. On each occasion all the posters on here were saying it is just a shake, will be back up in no time. Big Bench and others were saying £4 in coming.

When I sold at £1 I was called a bed wetter and all sorts of other names on this forum. I had to cut my losses and walk away. Lessons learnt.

Jupiter increased holding on Friday last week.

Before this news broke out.

Placing was at 40p. So we’re still below placing price. People who picked up their placing shares today won’t be selling them at a loss I don’t expect.

Am I right in thinking the placing price has not yet been confirmed?M

And it’s open to non-share holders?

Share price has been hovering around 94-95p since Friday lunch time. Even with flipping placing shares, it is holding up ok. Lets see what tomorrow brings....FTSE is going to have a tough week it seems

Yep, seems to be holding up well at 95. It needed a day of stability.

It is a red day across FTSE - so to have a blue day here is good news.

Can anyone tell me what is the current market cap?

Google suggests £45m, but by my calculation the market cap is now £150m if you include the placing shares.

How do these things get leaked?

Both ODX and AVCT placing news was leaked a day before. People on these forums knew it was coming.

I tried to be patient. I really did. But I cannot take this any longer. I just sold out here..at a huge loss.

Good luck all. Hope for the rest of you this works out.

So much red across FTSE today. So I’ll take the 7% increase here. A positive sign to hold up nicely whilst everything else is crashing

Surely the results will show huge increase in online sales?

Online sales accounted for 84% of all sales last year. The company moved towards becoming online only at just the right time.

I've seen ASOS, Boohoo, Ocado, AO.com rocketed with share price higher now than it was before Covid. BWNG could be similar? Online retailers are the future.

When are results due?

What causes it to go into auction?