B&B Rights issue.. take up the offer ?

purch

YES

And they need your money to ensure I get my next coupon payment on the PIB's I own :eek:

Please all pile in !!!!!

royeee

Yant1 wrote: »

You will most definatly want to take up the rights offer. This will ensure you own the same proportion of the company so that in future you recieve the same dividend.

What is the point of paying money to get more shares just to ensure you get as much dividend money? Isn't that a lose-lose situation?

napoleon

royeee wrote: »

What is the point of paying money to get more shares just to ensure you get as much dividend money? Isn't that a lose-lose situation?

Exactly. You don't invest money in a sinking ship!!!!

The dividend is going to be halved anyway.

[Deleted User]

Its lucky its a bank rather then a ship then.

Ill let you into a little secret, banks take peoples money and charge other people for using it. Giving both the bank and the saver a cut. Shhh, dont tell anybody ;-)

Banderman

Thank God I managed to sell a month ago. Bradford and Bingley shares down another 8% today! I hope everyone has managed to bale out of these before their shares are totally worthless. :rolleyes:

purch

Interestingly the prices of the B&B PIB's, along with the NatWest and HBOS Pref's have rallied quite strongly since the Rights Issue announcements

bristolleedsfan

Banderman wrote: »

Thank God I managed to sell a month ago. Bradford and Bingley shares down another 8% today! I hope everyone has managed to bale out of these before their shares are totally worthless. :rolleyes:

As of 1330 hrs down to 114.50 equates to 286.25 for a 250 shareholding. :eek:

setmefree

bristolleedsfan wrote: »

As of 1330 hrs down to 114.50 equates to 286.25 for a 250 shareholding. :eek:

Are we looking at another N.R.?????


http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/shares/3/23146/default.stm

ad44downey

Banderman wrote: »

Thank God I managed to sell a month ago. Bradford and Bingley shares down another 8% today! I hope everyone has managed to bale out of these before their shares are totally worthless. :rolleyes:

Shares finished nearly 16% down at 112 pence :eek: Someone knows something. These will be penny shares soon!!!

EdInvestor

Perhaps the shortsellers are in action again.