The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
I hope everyone makes money;whether investing or trading;what is worse is "trying to help" people with research of other shares and getting abused;I have directed posters to other shares and been tanked for making them money;Peace and Love;but I'll have more of ODX @60!!
It's good to know there are good people around making money from investing (not trading) for the benefit of others, unlike most of the selfish so and so's around wishing others to lose money for their own gain.
Mr Sneller has a charitable trust, he has been donating holdings from his personal investments into the trust for years. Being they are transferred to a trust it's not a given they will be sold immediately. You dont have a charitable trust unless you have significant wealth, and you want to set up some kind of legacy. Telling that he hasn't sold a share for personal gain, only transfer to the charity. Top man.
Gift of shares is one of the most tax efficient ways to gift to charity. He is potentially sitting on a very large CGT bill.
LOl - peeps selling out on a loss to chase rainbows elsewhere.
I try to pay the minimum tax each year;got my Self employed grant and purchased those Mice shares at 6.95 p xxx
Sneller isn’t selling out. He held 25% of the company.
He obviously feels simultaneously fortunate and guilty to have invested so heavily in the company then by chance be making so much money from a pendamic killing so many people.
He knows that 15% of the company is enough to make him obscenely wealthy so he has Brennan giving stock away to charity since about 26p. He gifted 5% first and now some more.
He made the gift that crossed the 15% notification threshold on Wednesday, probably after the sky interview and RNS shenanigans.
Like many of us he’s obviously decided that colins confirmation that the test will be made has derisked the stock somewhat and he’s given some more away.
He’s knows he’s basically won lotto here, there’s quids coming and he’s giving some away.
He won’t be “selling out”.
According to linked in, he left his job as a fund manager at Baille Gifford in April. His CV now says “Half Time” for current employment. Lol.
He knows what’s coming. GLA.
13:20 PDMSP You and I are completely on the same page. (If that is correct English)
KR
GS
Just to be totally clear, every accountant in the land is in the business of “Tax avoidance”.
There’s some proper Thickos arrived on this board. Trying to be smart accusing somebody of “Tax avoidance” is as thick as accusing somebody of wrongdoing for reducing costs by shopping at Lidl.
It’s every citizens duty to avoid paying tax to the maximum extent permissible within the law.
It’s tax evasion that is illegal, not tax avoidance. Thick twot.
Excellent news. Seller selling out. Mms trying to take this down. Do not give them your shares on the cheap.
Anyone that's invested in shares and hasn't got a plan on how best to handle the tax on their profits, really hasn't thought it through much.
Dean , agree mate , thought it was a shallow comment
Its not Tax Avoidance, its called being Tax efficient. If a charity benefits, whats your problem?
worth noting that it was a gift to charity again
I'd suggest you lobby the government on that ...
We clearly have a background seller still.
I hope they're done before we get news.
My guess, Wed
Hmmm. Some people would call a gift to charity tax avoidance.
Ah yes was reading on my phone missed that - gift to charity - excellent
All the doomsday peddling ones off you pop.
IMHO DYOR GLA
This guy is using profits from ODX to gift to charity. What a spendid chap.