funkey_monkey wrote: » Stole this from another forum: (First two figures sourced from RR RI infographic) No. of Shares Today (Before RI): 1,930,000,000 (1.93bn) No. of Shares Ex-Date RI: 8,370,000,000 (8.37bn) Today's Closing Share Price: 223.20 (in GBX @ Fri 9th October 2020) Calculate Current (Today's) RR.L Market Value = Today's Closing SP * Today's Total Shares = 2.2320 * 1,930,000,000 (1.93bn) = 4,307,760,000 (4.3bn) Calculate Amount/Cash Raised from RI 10-to-3 RI (can by 10 right shares per 3 shares owned), each at 32p. Firstly calculate amount of rights share being issued = (Today's Total Shares / Existing Shares Required for RI) * New Shares Being Issued from RI = (1,930,000,000 / 3) * 10 = 6,433,333,333.33 (6.43bn) new shares being issued. Now calculate the amount of capital being raised = New Shares Being Issued * Cost to Purchase New Rights Share (32p) = 6,433,333,333.33 (6.43bn) * 0.32 = 2,058,666,666.67 (2.06bn) Lastly, I'm just going to get an accurate number of total shares in the market after the RI. = No. of Shares Today + No. of Shares Being Issued = 1,930,000,000 (1.93bn) + 6,433,333,333.33 (6.43bn) = 8,363,333,333.33 (8.36bn) Now we have all the necessary figures, we can now calculate the TERP. = (Today's Market Value + Capital Raised From RI) / No. of Total Shares after RI = (4,307,760,000 + 2,058,666,666.67) / 8,363,333,333.33 = 0.76123076923 = £0.76 (GBP) or 76.12 (GBX)
PHG wrote: » Currently Own:Stock Strategy (UK Stocks) Clipper Logistics Spirent Communications Keyword Studios Plus 500 Watchlist Volex Plc but it is on a Yellow card atmSpeculative Strategy Long S&P Long BoI Long Bitcoin Anyone else trade UK Shares? Not looking to compare strategies, just curious My speculative strategy is with Degiro but the the stock strategy is all done via Spreadbetting.
PHG wrote: » What's that all about or just a ramble?
Deleted User wrote: » Its saying RR would appear to be significantly over valued on the stock market right now and due a correction.
Jim2007 wrote: » Just noise as usual to feed the heard.... you can't say a stock is over or undervalued with that kind of nonsense and when it comes to right issues it's even more BS that usual.
Deleted User wrote: » Perception is reality when it comes to share prices. IF it was priced correctly pre RI announcement then it's a fair revaluation.
Jim2007 wrote: » Yes, the price of everything and the value of nothing. The EMH is what allows the rest of us to make serious money.
[Deleted User] wrote: » Its saying RR would appear to be significantly over valued on the stock market right now and due a correction.
PHG wrote: » And that would stop you buying any stock?
robman60 wrote: » Does anyone have any idea when the Airbnb Ipo is going to be? I know they were aiming for late this year and heard rumours it'd be before the election but haven't heard a peep for a while. I've used this site as a host and a guest and I think it's got a great future. Regulatory risk yes but from what I can see everyone under 35 uses Airbnb rather than hotels unless they're just travelling with a partner.
irishgeo wrote: » i am trying to shared in redball listed on the Nasdaq but its not showing on degiro or davy, any ideas?
Rothmans wrote: » Anybody looking at TLSA? ( NOT TSLA) Seems like it could take off in the next few weeks. I know it's another biotech company, but seems promising and undervalued. Anybody have any insights? Gonna take a reasonable position in the next day or two.
virginmediapls wrote: » Trying to buy IAG. Getting this : "This product group is currently disabled (Complex Shares) It seems that you did not enable this product group for trading. You can change this under Product Settings. Please note that for some product categories you have to pass an appropriateness test before you can trade. If you already have a position in a product of this product group, you can always close this position." Made me a little worried - should I not be buying these shares?
RIGOLO wrote: » Anyone see the EV truck on the White House lawn yesterday. Its a LORDSTOWN truck but WKHS own a 10%(?) share of the manufacturing plant. LORDSTOWN + DPHC/RIDE + WKHS joint venture on this, repuposing an old GM plant for EV manufacturing. I think having your truck on the WH lawn is a sure indication your in line for some big business and announcments.
Augeo wrote: » The results were very good, any phase 2 that indicates progression to phase 3 is decent. No side effects also. I'm tempted to buy more but I'd be averaging up.
RIGOLO wrote: » barely had time to sip my coffee and NCYT is taking off pre-market .. 10.80 , up from 9.62 on Friday . Tell you this stock will hit 15 by end of week. Normally I dont pay much attention to PM, but when the order book looks this heavy with a bunch of penny pinching Frenchies buying in I see it as a genuine jump.
littlevillage wrote: » Started very strong this morning, but crashing hard now.... Heading towards £8
Deleted User wrote: » £7 looked likely at one stage. Not in it, but what was the catalyst?
Bob Harris wrote: » I think it was RIGOLO's post this morning that put the kibosh on it.
Timmaay wrote: » Pump and dump lol?
RIGOLO wrote: » stocks go up and down, if you think they never dip then this game is not for you an insider sold some shares and everyone got spooked , seems alot of people here did also .... I went for a 20k cycle in the woods. chillax .. NCYT is gold.
Kilboor wrote: » I'm going to open up a position in UpWork today. I noted it at 1.9bn market cap, now at 2.4/2.5 and I think it's currently worth twice that. Good product, good balance sheet, and good market. Not so good is how it will ever make a profit but this is a concern for later on I believe.