I understand HMSO are consolidating holdings 5:1 with a 24:1 rights issue at 15p to come.
At present my Freetrade account still shows my original, pre-consolidation, holding and the closing price from yesterday.
The app is also offering me the ability to sell (haven’t tried, so it may be rejected anyway)
It is unclear at the moment how many shares I have available to sell, if that is even possible, and at what price (if I even could)
Given the current rise (550%) I clearly don’t want to miss the opportunity to sell my pre-consolidation holding at the current price, but likewise don’t want to hit sell in case it this is not the case.
Hope that makes sense??
Can I please have some clarity on how many shares I own and at what price i can sell… if at all?