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Proposed delisting... but value to be had?
Has anybody worked a number through in detail? My back of fag packet suggests a net 6.5-7.0p??
Any update on your timetable???
In the next few weeks
Per share ,ex 29 Dec,if I buy today do I qualify? (Rns 20 Dec)
Financial Highlights Net Asset Value During the six-month period ended 31 December 2015, the net asset value ("NAV") of the Company reduced to £26.3 million (10.5p per Share) from £26.6 million (10.6p per Share) at 30 June 2015 and £37.8 million (15.1p per Share) at 31 December 2014. The change in NAV during the first half of the financial year was caused mainly by a reduction in the fair value of the private equity portfolio of £3.5 million and an increase of £3.4 million (1.4p per Share) in the cash balances held. The value of other liabilities increased by £0.2 million. These aggregate changes mask a material change in the structure of the Company's income statement and balance sheet, which are explained in more detail below. Cash At 31 December 2015, the Company's cash balances increased to £13.2 million (5.3p per Share) from £9.8 million (3.9p per Share) at 30 June 2015 and £4.9 million (1.9p per Share) at 31 December 2014. The principal sources of cash during the period were from Elements Markets LLC ("Element Markets") and TEP (Solar Holdings) Limited ("TEP Solar"). Subsequent to period-end, cash held by TEP (Renewables Holding) Limited ("TEP Renewables") was paid to the Company. At the time of writing, TEP holds cash of approximately £17.6 million (7.1p per Share). Great volume today, 9 X 4.9 k buys today.. Perhaps some news soon
Loads of buyers
Lots of good size buys coming through today. Out of the blue. Any rumours out there? what's going on.
Defo looks like a buy as the Bid has been stuck a 2.30 for 3days. Also my order which i placed would have been filled at that price, so a friend of a friend is pushing the price for someone to get a better SP. MMs stop taking the p!!
The price has either gone down or up with no Trades registered, stop playing about with the SP MM's and give us fair value.
Cheap, could be time to top up again
If you had bought the shares at least 2 days before the Ex Divi date, you should have been on the register.
Cheers shaggymac, Held some shares but yet to receive anything, so was just wondering if they have delayed the distribution or the cash is still with the broker.
It was made as pre the date in RNS the 29th
Does anyone know if the distribution has been made or when it will be made?
Spread 0.48 and as a % 18.....
The spread this morning was over 0.4, now starting to close. The last few days the spread has been too wide.
I hoped that after the dividend the share prices will go back up to 5 , anyone knows why is it taking too long ?
Really cheap share just now, but of topping up.
Just look at the share register to understand whether as a PI you should sell or hold. Alternatively ask yourself why you know better than the sharks
As stated when the RNS came out... the price will generally fall by the divi on ex-divi day. That was yesterday. gl
It's all in the wording. TRE has gone ex-dividend today which means shareholders before today get the dividend. If you buy today you won't get on the register (T+2 settlement for London stocks). Some holders were obviously waiting to pocket the divvi and then selling out.. Hence the drop. Re TRE's future they have on a number of times indicated they are committed to selling their carbon/CER portfolio and handing out the dosh to shareholders, minus costs. Carbon prices have bombed which means most of the stuff they have left is worthless or hard to liquidiate. i.e.without an unlikely change of direction or a seriously unforeseen improvement in carbon markets this is a busted flush in terms of growth prospects. But you can risk it as a yield play. Hope that helps.
Yes, but if they've gone ex divi today, does that affect you qualifying for the 5 p payout?
Trading Emissions PLC (the "Company") announces a distribution of capital to Shareholders of 5.0 pence per Share, equivalent to approximately £12.5 million ("the Distribution"). The Distribution will be financed from the Share premium account. The distribution will be paid on 29 April 2016 to Shareholders recorded on the register on 8 April 2016. The Shares will be marked ex on 7 April 2016.
Clarify...otherwise this is the steal of the century...must be wrong