One of my stocks, Sound Energy (LON:SOU) , has today announced an underwritten placement of about 5% of its current share capital. As part of the book building process, they have included an offer to PIs with a minimum £1,000 subscription, to participate via the Primarybid.com portal on similar terms as institutional investors. Presumably this is a cheaper and quicker means to tap the market and at first blush the site seems pretty user friendly and efficient (other than that it doesn't tie in directly with my trading account so presumably can't feed into a SIPP or ISA).

I was wondering if any Stockopedia users have had any experience - good or bad - with Primarybid that they would care to share.

Thanks,

Gus.

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