Re: Unable to take rights through Barclays jiimmywoo, sounds annoying. But you'll probably be able to buy them cheaper on ASX for a while in any case once relisted
Unable to take rights through Barclays Barclay's stockbroker does it again and fails to offer a proper service like all other brokers. Unable to take rights because they can't get them through Crest. Barclay's proves again that they are useless.
Barclays held shares For people that hold their shares with Barclay's Stockbroker, they should have an answer by Monday about participating in this corporate action. There will be no letter going out now as it is too late but they will accept phone action if required.
Re: Rights Issue Details Nov 14 FWIW I took up mine but I've not applied for extras. Still considering the likely outcome of their future.. got till Monday to make up my mind. Hmmm. Good Weekend, folks,TP
Re: Rights Issue Details Nov 14 The rights are peanuts. This is a bet in my SIPP (from which I may not live to benefit). While I accept this is a little way from the best investment rationale in history, since they haven't actually completely folded and it doesn't look like I can actually get rid of them without what I assume would be some not inconsiderable admin hassle, going through Computershare, I'm minded to take the opportunity to top up with Additional Offer Shares. If they mess up again, it's gone, but it should now be a pretty low base from which to grow if they don't mess up. And I still really like the look of the technology...Good luck all!
Re: Rights Issue Details Nov 14 IMO it remains a speculative bet. Mgmt track record of prioritising is poor, they really overextended the company and have been punished. The new strategy could work but its a punt. I'll probably take up my rights however despite all that.Dyor
Re: Rights Issue Details Nov 14 I'm tempted... AJBell have given me until 23rd November to make my decision...Will amuse myself be reading the prospectus this evening...Anyone who reckons this should be a definite "no", let us know!Good luck all,
Re: Rights Issue Details Nov 14 you'll still have your old shares, but a lower % of the company due to the new shares being issued.Good to see the Chairman stumping up again and partly underwriting the issue, but somehow I'm not feeling too pleased with yet more dilution and another cash call...not clear when this will ever turn a corner
Re: Rights Issue Details Nov 14 Does this mean that if I don't subscribe to this offer I will lose all my £4272.00 investment in old Wasabi
Re: Rights Issue Details Nov 14 So it's a 1 for 1 (new) rights issue @ 5.5p... plus the option to apply for a minimum in excess of 10,000 shares (£550).I've just had my offer(s) through Hargreaves Lansdown.Basically @ 5.5p I'm down 98.6%. I suppose I could average down (again)!!All the best