Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Maybe a news leak?! Or just ppl filling their Isa before renewal....
"World Bank warns oil prices could reach $150 a barrel..." https://www.bbc.co.uk/news/business-67267719
"World Bank warns oil prices could reach $150 a barrel..." https://www.bbc.co.uk/news/business-67267719
Coupled with this news who knows "World Bank warns oil prices could reach $150 a barrel..." https://www.bbc.co.uk/news/business-67267719
Realistically this should have a baseline between 3.3p to 3.5p and the drop few weeks back wasn't called for....lucky whomever managed to grab some share then. Let's see next week if the Friday rise has some further positive implications as most here are waiting for.
Redwood Bank and Mode are run by the same people.....https://www.thisismoney.co.uk/money/markets/article-11686907/amp/Tycoon-pals-Prince-Andrew-hit-losses-Bitcoin-firm.html
Maths is not an opinion...when they announced the right issue the .31 price represented a 15% discount...atm to buy the price is fluctuating between .35 to .40....so yes there is a discount. Albeit after the issue of share does the price hold go up or down is anyone guess....thus holding some dry power just in case......
Basically they're giving you the chance to buy new share at .31, 1 share for every 10 that you hold. Option 1 is to take all the allocation entitled and pay.
Option 2 is were you need to input the number which can be 0* if you don't want to purchase the extra share or if you want share in excess of you allocation write down the number of share you require.
Hope this helps