Hey N8 - If you were a holder as of 25th August (even if you sold on 26th) then from my understanding you are eligible for the SPP - guys please correct of I am wrong as I have had a few beers.
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Hey N8 - If you were a holder as of 25th August (even if you sold on 26th) then from my understanding you are eligible for the SPP - guys please correct of I am wrong as I have had a few beers.
Some new buy orders at 3c already, so I can only see it going higher, depending on how good the news is.
I expect to be activating my 5.5c options by the end of the year according to what I have heard.
Another question from the short bus riders :)
If you sell all your shares and have no intention of getting the spp, but the price of the shares are 3c on Tuesday, can you sell your spp rights on?
[QUOTE=Fatboy
And impressed they offered the same amount to all shareholders, not on a quota basis.[/QUOTE]
That the new shares were not offered on a pro rata basis can at the first instance be seen as unfair,but it is cunning at the same time.One of the anti miners complaints is that NTL is held by just a few big holder so benifits few. This SPP is a big bonus to small holders and it is correspondlly a big bonus to NTL to have more shareholders that has skin on the table and a care for the outcome.