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Crl is correct about a 'proper' shareholder group and my suggestion is that people produce a timeline of statements and info released that demonstrate incompetence or worse such that legal people can ultimately be accurately briefed with facts. GLA.
Profit from ISA is tax free so unfortunately such losses would not be eligible to off set against capital gains
Damn, it wasnt a bad dream or too much whisky over the weekend.
Damn, no RNS saying it was all a terrible mistake.
Obone, thanks I'll have to look in to CGT, quickly if you know and wont hold you to financial advice, my only income this year is salary but my holding are in an ISA, would this be eligible? 20% back lol, that would be C.80% of what my holding was worth Fri am.
crl123 hope you saw my my post about CGT refund claim once the dust settles.
It is important for shareholders now to form a PROPER and organized action group and not just filter off.
This week it needs to be organized. I will try to accumulate those interested this week.
Or we will 100% be assured to get nothing.
It was sincerely and trithfully a stitch-up .
But has to be proven as such.
I was a self-employed schoolteacher since 2001 as part time( health reasons).
I receive £419 a month pension from the 12 years I did on contract. It pays the Council tax ( £265) and leaves a smidge. That’s how it is.
? crl, you’ve posted about having been a teacher for many years - aren’t
you eligible for a defined benefit pension from that long employment?
I really hope things work out for you guys here.
Friday was a shocker after a punishing ride. I have followed the board closely in the last year and found it one of the more interesting boards on LSE.
Crl, take it easy, I can feel your pain bleeding out on the board, it’s a cruel game. All the best.
Biffa et al
Interlink will have a modus operandi. And will have to negotiate woth Oxford’s administrator too. Oxford will try to get their cash at all costs and will have no ethical interests.Interlink will look at ways of trying(!) to keep a going concern. Compromise and bullying negotiations are the way forward in these things. We are bottom of the pile though and it is sensible not to expect.
The weekend? Mine has been trying to manage the lump of lead in my stomach and the radical life- change ahead.
But I know how cit-throat all parties can be…including 4D. I think DP has shown either intense duplicity or incredible irresponsibility . I am a fool, but Woodford was known in 2015 as the Pied Piper as he did so well and sucked so many in. Same has happened here.
Such a loss of good decent lifesaving medicine if this goes under. The people whose lives it could extend or save, and it all comes down to clammy Oxford Finance , inept finance managementand administration.
I am gutted personally due to my life-changing loss. But I have discovered many others are too. Perhaps not as life-changing, but lost large ampunts here. LTH’s too.
Unfortunately i think you are correct, its in rein.
Soundsrisky
I was really just meaning regarding what might be uncovered in the coming weeks, in regards to who knew what, and when, and if information that was critical to shareholders and should have been put out in an RNS, was in fact withheld, hidden, ignored, or just plain and simply not understood by the BOD!
The more you dissect the situation, the more the questions start to seem obvious and crucial, whereas, on the journey leading to Friday, most of us that were let down in the end, seemed to let our emotional side get in the way of the hard headed investing decisions we should have been making.
Well, got to assume out our money is gone currently Gogs so not sure things can get worse....
Good work Biffa, I wondered about that side of the accounting as a potential attraction to another company!
Don't know whether it's better just living like the weekend lasts forever on this one, or whether we should relish the working week, with whatever else we have to digest on this catastrophe!
Whatever will be , will be!
Merck is profitable.
It is worth remembering 4D has close to $200M as a tax loss sitting on the balance sheet.
To a profitable company this can be offset, so at 19% (potentially 25% soon) corp tax this is worth $38M.
A company could buy 4D for 10p a share, approx $24M and then clear the debt of $14M.
You would effectively get all of 4D for no cost.
4d should have a data room set up with everything available to interested parties.