Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Exactly, once they have the meeting everyone can work out the best option for them with their broker. Most should be fine on current platforms. I think this panic selling of small investors is giving some great opportunities. As much as I want this to go up I'm quite happy to take advantage of some of this short term panic selling and don't mind seeing this fall a bit further :)
Hi RomeoTango
Thanks for that post. For me I feel better reading that
As I'm sure most holders will as well.
Kind regards Danny
The online documentation states that they must give 10 days notice for the move to the HKEX.
During that period you can notify The registrar, computershare, what you want done with your shares. A new HK certificate or sent directly to your HK broker.
It looks like a bit of paperwork. But no one is going to loose there shares. Computershare are too professional for that.
ii have confirmed to me that i will be able to continue trading on my ii account after (if) the shares are transfered to the HKex
Thank you for the info about AJ Bell, very helpful.
Looks like i'll obtain paper share certificate from Equiniti, then apply for the new HK paper share certificate and then hopefully set up an account with AJ Bell.
Simples, couldn't be easier!
Every broker will be different, but for some I think thats correct
I have found out with AJ Bell they can convert shares to the HKEX if they move over. if the shares were issued to AJ Bell however it can take some time to get them transferred over to start trading otherwise its a simple transfer. Ultimately they wouldn't force a sale though and once the AGM happens the options will be clearer.
You can buy stocks directly on the HKEX too with them (min £10k for that)
Hi
I think the process is .....you first have to approach your broker for the certificate...they send it to in your name....because at the moment all certificates held with your broker are in a nominee account this allows them to sell shares quickly on our behalf.....once you have that certificate you then request new certificate????
Any one confirm if I'm right or wrong?
Kind regards Danny
Hi All
Also I have just sent an email to Richard Bennet and secretary of China new energy LTD for some advice. I await there reply and let you know.
Kind regards Danny
Danny,
When you complete the form provided by Ben1234 do you have to send your UK share Certificate with the Registration form?
Got mine with Hl so hopefully ok
Hi
I'm with Halifax shate dealing.......I was just reading the options....correct me if I'm wrong here but option 4....clearly states new share certificates can be sent directly to you ????
I agree that yes you need to sell through a broker that deals with hkex....but it saves them being sold off without our permission ....in other words we have complete control???
Option 4 — request the new share certificates in respect of Shares held by a Shareholder to be sent to
such Shareholder directly
TICK THIS BOX IF YOU WOULD LIKE TO RECEIVE THE SHARE CERTIFICATE IN YOUR OWN NAME AND
HAVE THEM SENT TO YOUR ADDRESS THE DAY BEFORE HKEX LISTING
Please note that the HKEx Share Certificates will be sent out by post from Computershare’s Hong Kong office on the day
before HKEx Listing. They may not arrive in the UK by the first day of trading on the HKEx. In order for shares to be
available for trading on the HKEx, they must be lodged with a Hong Kong stockbroker, nominee or HK Custody Agent.
Kind regards Danny
These are the options, http://chinanewenergy.co.uk/uploads/soft/191002/1-191002233914.pdf
Out of interest what platform do people hold with?
Thats my understanding too and that options are available. has any one tweeted Richard Bennett? I'm sure he could could explain especially after his recent purchase.
The sell are quite small which makes me think small investors worrying and selling
The company is in such a strong position
Hi Legend1,
You are correct , you can have the share certificate sent to you, but what are you going to do with it?
If we have a share certificate of a delisted company then we will the have to wait for the new HK certificate
to be sent to us, and then how do we sell?
Does anybody know how you can sell shares in a HK listed company if I have the new paper certificate?
There has to be an easy way to do this.
Typical that PI won't be considered and won't have the chance to get out our in before anything is solid. Why I sold as I could see it de-list and then enter HK market with a sudden MCAP of £50 mil but with no benefit to private holders. GLA but this doesn't sound god and the exposure to insider news or opinions is so quiet that you my be left holding a loss.
Hi
I totally agree with your post. It's a disgrace whats been suggested. The company should make provisions for this transfer. This is absolutely wrong in every sense. Like you I dont want to sell.
It seems a company that's doing extremely well...is wrong. Disgraceful.
But I thought we could have the shares sent to us in our name and home address and that stops them selling ? In option 4???
Or am I wrong ?
Kind regards Danny
Hi All,
I received a letter from Equiniti earlier today as I hold 232,000 shares in CNEL. The letter
Confirms they will sell my shares if agreement is gained at the EGM for delisting.
Equiniti have offered alternatives but I fear that normal PI’s like myself are now panicking
as they are very confused about transferring to another broker who will be able to deal with
HK registered shares.
Equiniti in their letter confirm that if you have not notified them to transfer your shares or
To have them in paper certificate format by 28th Oct 2020 they will sell the shares and charge you
10% of the sale proceeds for doing so.
The brokers are acting wrongfully in my opinion, how can they sell the shares before the HK
Exchange has agreed to a CNEL listing? What happens if CNEL on the 23rd obtain the required
number of votes to delist and not the agreement to list in HK?
The result of Equiniti forcing small shareholders to sell is creating a false market, Surely CNEL
should set up a broker we could use and make it very simple to continue being a shareholder albeit
with HK listed shares. I’ve held for 10 years and I don’t want to sell.