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Hot Copper
https://hotcopper.com.au/asx/mtr/?keywords=MTR
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Khoemacau - is SFR interested?
https://hotcopper.com.au/threads/khoemacau-is-sfr-interested.7303117/
There is a site called hotcopper.com.au, which may be of assistance. It seems to be similar to LSE, but for the Australian market. MTR comes up on that site.
FFS - can someone try and search for Strata Investment Holdings PLC on telegram ?
That didn’t work…this is the missing piece
*************
Here is the link, gents.
*************+ETHPC1lJR9szNDJk
I realise that the AIM de-listing will be the end of the road for many UK holders (hence the big sell off and 60% discount to NAV!) but for those that would like to continue this board in another form (I presume MTR will soon disappear from London and South East...), I will share a Telegram group link later on today.
Soft Kitty, Warm Kitty, Little Ball of Fur,
Happy Kitty, Sleepy Kitty, Purr Purr Purr.
..
.....>> https://youtu.be/m8MIf85-LF8 <<.....
;-)
Nite Nite.....
Rest In Peace kitty kitty…
OK, thanks I understand now.
From the RNS dated 2nd Match AIM cancellation.
In accordance with the notes to AIM Rule 41, as the Company will maintain the admission of the Shares to listing and trading on the ASX, being an AIM Designated Market, Shareholders’ consent in a general meeting of the Company, which would otherwise be required pursuant to AIM Rule 41, is not required for the AIM Cancellation. The Company expects the AIM Cancellation to take place at 7.00 am on 31 March 2023.
Rule41 (google the exemptions) requires a shareholder vote.
Sorry Phatbaz but I don't understand that post at all.
Metal Tiger have used an exclusion to rule 41, that would have resulted in a shareholder vote with 75% in favour, for the delisting to happen.
I) where comparable dealing facilities on an EU regulated market or AIM designated market are put in place to enable shareholders to trade their AIM securities in the future.
Brokers are saying they can't be held in an ISA, do you believe they are comparable dealing facilities, and that shareholder approval wasn't required.
Ask the MTR nomad, why they allowed it.
Theski, I think we're doing all we can at the moment so will have to await developments. I really have no idea how this will turn out.
The BOD's 60p options got reduced to 20p options, so it's all good. The indicative sell price on the ASX last night was 9.8p, no trades for weeks. What happens when all the UK CDIs hit the ASX I guess people buying on the LSE are thinking they can then sell on the ASX, for a nice profit, but maybe not let's wait and see.
It's a definite no from ii
same here!
I'm getting dizzy now, all this going round in circles!
Hi again- I asked HL to clarify and...good news..
"I've reviewed the link you have provided with our Corporate Actions team who have confirmed that your holding will be able to remain in your ISA due to the fact it is maintaining its listing on the ASX."
So- I shall ask ii to clarify!
Tame, see my post Tues 11.54
Nothing from MTR, theski, and I think on this occasion no news is bad news. When did you get that message from HL? It was last Friday that I posted the reply I had had from HL saying the CDIs were ok in an ISA. It's looking to me like HL were wrong in that message, and the fact that MTR are silent suggests that they ****ed up as well, or just didn't research the point.
I'm not sure what can be done about it . I can't see that HL could be held responsible for anything even if they were wrong initially. The buck has to rest with MTR for hanging private shareholders out to dry. Either they were aware of this problem and went ahead anyway or didn't foresee the problem when it's obvious they should have done.
It seems likely many of us are going to be disposing (ie by way of transfer)of long held shares bought at prices well above the current SP, which is bad enough but if they recover are we going to have a potential CGT liability because of the change from ISA to non-ISA? Can anyone answer that?
Why isn't ASX recognised ? Other non UK exchanges are.
Any news from MTR Keith? HL advised me as follows-
"HMRC regulation states that for a stock to be eligible to be held within an ISA it must be listed on a recognised exchange and as such delisted stock does not fit this criteria.
Delisted stock would therefore need to be placed into a standard trading account.
If Metal Tiger is delisted, our Corporate Actions team will be in touch regarding opening this sort of account and moving the shares across."
I am still not sure!
Valeura energy delisted from aim
its listed on asx
its up about 500%
one can only hope
Correct - 65% discount to NAV is scandalous. Someone will hoover this up. You could buy the company, wind it up and make a fortune. The gap will close in time. Easy hold