RE: fundamental misunderstanding of market9 Jan 2021 09:00
I not guessing i speaking form experience. The problem you have is. people who have the right can now sell and wait to buy there cheap shares, so the price will continue to drop until that date. Then you have the people who buy extra just to sell straight away for a profit maybe 10 percent so £1.20. The only way this is good news and works is if every stock holder buys there full entitlement and holds. But it looks like people are already selling.