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Brewdog Shares
Comments
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"What I am mainly referring to is that people are investing and the shares they are actually getting are not real shares as such."
So you misunderstood the rights of the class of shares you bought and how they ranked.
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Mistakes can mostly be avoided by simply never buying individual shares and only using fully regulated platforms. Those rules would have save folks from Brewdog, but not Woodford. So I'd add don't buy from people high on their own hype either.
And so we beat on, boats against the current, borne back ceaselessly into the past.0 -
I mentioned earlier that Brewdog shares were managed by computershare, yet it was dismissed as irrelevant. I think your comment stating “these sort of funding platforms” suggests you treat crowdcube and computershare on equal footing. I can tell you, they are not. That aside, a share platform hosts many companies, some more risky that others. These generic warnings shown are hardly likely to be actively reviewed by most investors. As I say this will only allow companies to exploit the retail investors.
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I've already addressed that; Computershare is a share registrar. They keep the register up to date and distribute e.g., dividends and interest. Share registrars don't manage anything relating to how a company is run or how it raises capital.
It's up to individuals as to whether or not they pay attention to the risk warnings but they're definitely there. You can lead a horse to water but you can't make it read the risk disclosures. The risk warnings aren't generic, just in a banner at the top of a webpage, they're also in the offer documentation: see screenshot.
If you think that no negative outcomes can ever be allowed then it leads to over-regulation and the destruction of markets.
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so why did you state “these types of platforms”? Doesn’t really add up mate. You have your opinion, and I have mine. I feel we are going around in circles so we will have to see what happens.
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What doesn't add up? I was referring to the likes of Crowdcube, Abundance and the other you mentioned whose name I forget, not Computershare. The share registrar isn't relevant to the conversation on risk disclosures, how a company is managed and its travails subsequent to a capital raise.
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I have only mentioned crowdcube and computershare. But they are not on the same footing. Have not mentioned a third. I believe you were trying to suggest crowdcube, which has far riskier options, and computershare, which has a bit better reputation and standing, were equal, and in turn this was sugguest Brewdog shares were far riskier to invest in at the time, and investors should have known this. But that isn’t reality.
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I mentioned Crowdcube and you said the shares weren’t offered on Crowdcube but on another platform. Anyway, it doesn’t matter. A skim of the offer document appears to show the required risk disclosures. See the screenshot in my previous post.
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it hasn’t been disputed what the small print states.
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So what’s the issue? As the offer document stated, you invested in a highly speculative investment and it went bad. It happens. There’s a limit to how much you can handhold adults without destroying the ability of companies to raise capital.
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