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DOOM: RR down 61% for the day.

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    DOOM: RR down 61% for the day.

    Anyone knows what that is about?
    News seem to be whoosh whoosh

    #2
    Originally posted by GigiBronz View Post
    Anyone knows what that is about?
    News seem to be whoosh whoosh
    Errr. They make engines for aeroplanes. And nobody wants to fly.
    See You Next Tuesday

    Comment


      #3
      Originally posted by Lance View Post
      Errr. They make engines for aeroplanes. And nobody wants to fly.
      Stock market is forward looking not backwards. I could have told you that back in June.

      Comment


        #4
        There is a rumour that Pooter got a poot on them.

        Comment


          #5
          Originally posted by GigiBronz View Post
          Anyone knows what that is about?
          News seem to be whoosh whoosh
          £2bn rights issue at below market price creating a new market price.
          merely at clientco for the entertainment

          Comment


            #6
            Rights issue at 32 pence. Got the notification today and subscribed fully to my allocation.
            Vote Corbyn ! Save this country !

            Comment


              #7
              Originally posted by fullyautomatix View Post
              Rights issue at 32 pence. Got the notification today and subscribed fully to my allocation.


              You dirty kapitalist Korbyn supporting sokie!

              Comment


                #8
                Originally posted by GigiBronz View Post
                Stock market is forward looking not backwards. I could have told you that back in June.
                Shame you missed the market spotting that in March...

                Have they fixed the Dreamliner engines yet?
                Or got rid of 7 layers of useless middle management?

                There’s lots wrong at RR.
                See You Next Tuesday

                Comment


                  #9
                  Originally posted by Lance View Post
                  Shame you missed the market spotting that in March...

                  Have they fixed the Dreamliner engines yet?
                  Or got rid of 7 layers of useless middle management?

                  There’s lots wrong at RR.
                  The price isn't really down, they've simply issued new shares. This particular rights issue is a mixture between a stock split and a rights issue. The loss on existing shares is simply negated by the gain on the new issued shares to existing shareholders, those that don't subscribe receive cash equivalent to the loss they incur on their holding.

                  Shares are actually doing reasonably well.
                  Last edited by BlasterBates; 28 October 2020, 18:50.
                  I'm alright Jack

                  Comment


                    #10
                    Originally posted by Lance View Post
                    Errr. They make engines for aeroplanes. And nobody wants to fly.
                    And for ships On Her Majesty's Service.
                    I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

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