Oh dear! Investors Chronicle don't seem to rate this offer of 1 for 15. I wonder what they know that we don't.
Well done everyone at Cyan. Onwards and upwards!
Rights Issue: Completely at a loss re this. Nothing from Halifax re buying the 9 for 13 at £1.53 but instead have got the right number of shares added to my accounts at 29p per share. What's going on??????
Today's payment of 8p per share brings the total to date to £1.69. The duputy chairman bought shares just prior to "the end" at £1:88 per share. Either we are all in for a fairly good final payment in Sept or he must be feeling pretty sick right now!
After Pure Wafer did their consolidation the price really took off - here's hoping for a repeat performance!
In the New Year Cyan will be dead and gone and our funds with it. This share is never going to anywhere except down.
Would anyone like to make a guess at the likely price after the special dividend is paid?
Will the payout be it £1:10 - £1:40 or whatever be paid as a dividend or a cash payment?
Stick with it shipmates - this share will recover. Give it time.
The management here have done a good job over the last year / eighteen months. The fire was undoubtedly extremely bad luck but I am holding because I think they will emerge from this better than they were before the fire and in the round it will be onwards and upwards!