Jump to content

De La Rue Offer Share Prices


Recommended Posts

Hi,

De La Rue announced they are offering a large number of shares at a discount price to people who held shares in the company on 17th June 8:00am. I have received no notification of this offer in my IG account whereas I know other people who have a different share dealing accounts with other firms have already received theirs. Please can anyone let me know when this will be made available and how it is notified within the share holding account?  

  • Like 1
Link to comment

Hi,

I can't answer your question but am in a similar situation holding APTIV shares, who recently announced an issue, and I've had nothing from IG - not even a response to my direct question to them re notifications etc as you have done.

Good luck...I'll follow your posts in hope of enlightenment!

  • Like 1
Link to comment
  • 3 weeks later...

Hi,

I finally managed to take up the allotted offer shares available to me; however, now that I can see them in my listed trading positions I cannot sell them if I wanted to. Again, IG seem to be well behind other trading platforms for making these available to deal. My friends have trading accounts in 3 other different platforms and all have them available to deal. Reading from the forums some people had them to deal the next day after the offer was made (7th July). How can this be right? I have watched  the share price drop from 142 to 127 whilst some people could sell the offer shares at 142. If the price had completely dropped on the 8th July I would have lost a fortune. I contacted IG who came back with a one sentence response stating they will be available on Monday (today) at the earliest. Not very reassuring. Why are they the last trading platform to make these available? Not good enough. 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Just for completeness, I mean lists of companies. Many thanks, Peter
    • It’s one of the most popular traded markets on our end, and we take a look at the S&P 500’s technical overview in both weekly and daily time frames, the strategies to deploy for conformist, contrarian and ‘hold’ camps.   Written by: Monte Safieddine | Market analyst, Dubai   Publication date: Tuesday 27 February 2024 06:48 Dive into the conflicting sentiments of IG clients versus COT speculators and stay ahead of the game with upcoming market events. Don't miss out on this essential guide to understanding the current state of the S&P 500 and preparing for what lies ahead!       This information has been prepared by IG, a trading name of IG Australia Pty Ltd. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.    
    • WTI recovers on supply worries, cotton price nears 1 1/2 year high as Arabica coffee price falls While oil and cotton price rise, Arabica coffee prices fall ahead of this week’s US GDP estimate and inflation data releases. Source: Bloomberg Written by: Axel Rudolph FSTA | Senior Financial Analyst, London   Publication date: Tuesday 27 February 2024 12:30 WTI recovers from Monday’s low Front month WTI futures are recovering from Monday’s 75.77 low amid ongoing shipping disruptions and repeated breakdowns in talks for a Gaza cease fire that raise supply worries. The 200-day simple moving average (SMA) at 77.68 is being retested, a rise above which would have the November-to-February resistance line and last week’s high at 78.80 to 78.84 in its sights. Minor support sits at the 21 February 76.31 low ahead of Monday’s 75.77 low. Source: ProRealTime Cotton price rises to near 1 ½ year high Front month cotton futures have resumed their ascent to their 96.38 near one-and-a-half-year high above which sits the psychological 100.00 mark. Immediate upside pressure should be maintained while Monday’s low at 92.50 underpins. Below it lies last week’s low at 90.89. Only a currently unexpected bearish reversal and fall through that low would indicate a topping formation. As long as it holds, the medium-term bullish trend will stay firmly entrenched. Source: ProRealTime Arabica coffee futures prices slip through uptrend line Front month Arabica coffee futures topped out at their 194.06 to 194.32 late January and early February highs and are now trading in near six-week lows, having last week fallen through their October-to-February uptrend line. The 8 January low at 178.56 is now in sight, a drop trough which would engage the 174.03 January trough. Minor resistance sits at last week’s 182.39 low and can also be seen along the breached uptrend line at 185.45. Further up meanders the 55-day simple moving average (SMA) at 186.63. Source: ProRealTime
×
×
  • Create New...
us