Gonzo79 15,294 Posted July 7, 2021 Share Posted July 7, 2021 Subscriptions are still open, so the former can't be 'clearly not the case'...unless someone has a crystal ball. I understand why people are unhappy about the 25p offering but no one is forced to participate. 0 Quote Link to post Share on other sites More sharing options...
stewarty 2,027 Posted July 7, 2021 Share Posted July 7, 2021 1 hour ago, Bill said: And you know this how exactly The Tifosy chap that was on Heart and Hand answering questions about it mentioned that it isn't underwritten. Something to do with the specific vehicle that is being used. 2 Quote Link to post Share on other sites More sharing options...
stewarty 2,027 Posted July 7, 2021 Share Posted July 7, 2021 1 hour ago, Bill said: And you know this how exactly From memory, any unsold shared will be underwritten by existing shareholders. Though I'd need to go back and check as I can't remember if i read that in an article or if it was the Tifosy chap on Heart & Hand. 0 Quote Link to post Share on other sites More sharing options...
stewarty 2,027 Posted July 7, 2021 Share Posted July 7, 2021 Apologies, had a glitch on my browser there. 0 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted July 7, 2021 Share Posted July 7, 2021 18 minutes ago, stewarty said: From memory, any unsold shared will be underwritten by existing shareholders. Though I'd need to go back and check as I can't remember if i read that in an article or if it was the Tifosy chap on Heart & Hand. That’s exactly what I had in mind. I don’t expect any unsold shares to be left on the table. Hopefully that’s the case. ? 0 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted July 7, 2021 Share Posted July 7, 2021 22 minutes ago, stewarty said: From memory, any unsold shared will be underwritten by existing shareholders. Though I'd need to go back and check as I can't remember if i read that in an article or if it was the Tifosy chap on Heart & Hand. It’s also worth considering that the 25p price means fewer new shares, less dilution for existing shareholders, and notionally an upward adjustment of existing share value. I doubt the board suddenly lost their marbles and it’s strange anyone would think it. 1 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted July 7, 2021 Share Posted July 7, 2021 2 hours ago, Gonzo79 said: I understand why people are unhappy about the 25p offering but no one is forced to participate. Exactly. There are winners and losers every time any share price rises or falls. Unless all prices are going to remain the same forever, the only way to guarantee avoiding disappointment is to keep your money in your pocket. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted July 7, 2021 Share Posted July 7, 2021 On 01/07/2021 at 14:08, bmck said: Yeah, while it’s in their prerogative, I do see why people are annoyed. I have taken a step back from this one, because I’m not sufficiently knowledgable about the background goings on, just director duties. Genuine joy to see you too, Craig. Too long. Where does time go? Amazing how quickly the time flies my friend. What you up to these days ? 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted July 7, 2021 Share Posted July 7, 2021 2 hours ago, Bill said: Exactly. There are winners and losers every time any share price rises or falls. Unless all prices are going to remain the same forever, the only way to guarantee avoiding disappointment is to keep your money in your pocket. Until you get higher inflation and the inflation rate eats away at your disposable income 2 Quote Link to post Share on other sites More sharing options...
bmck 117 Posted July 7, 2021 Share Posted July 7, 2021 4 hours ago, craig said: Amazing how quickly the time flies my friend. What you up to these days ? Being as illogical as ever, man. Quit a really good job to take over a business. What about your good self? 0 Quote Link to post Share on other sites More sharing options...
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