We would love to hear your thoughts about our site and services, please take our survey 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.
That was lucky i just seen your message as i was closing down. You can put anything in that box .I put there state. they will understand when you email them. They are really helpful.ATB
Comeonvog, if I may ask, how did you manage to sell your stock through Bridges ? I am trying to contact them by e-mail and I can't even fill out the contact form as ts asks for an Australian state on the form, it wont allow you to input UK ?
Thanks for your help.
Straya mate! Ya won't find 'em under this name anymore ;) check out Newfield Resources on the ASX...
Can some one please tell me where I can buy stellar dimonds shares thank you
Still in here?
Gazshot - sorry for the delay in responding. I originally held my STEL shares in my HL account, but when I found out that they couldn't trade on the ASX, I opened my IG account in April and basically transferred my holding of STEL shares over to them before the sale of the company was completed.
IG took ages to issue my NWF shares, but it got sorted in the end. Current SP isn't looking too good, though there is an update due on the drilling very soon.
GLA
I wished our new masters would give an update, share price going down....be at loss again soon.
I wished our new masters would give an update, share price going down....be at loss again soon.
Peaky, that's what I'm being told, I keep telling them that barcs have washed their hands of it and cannot do anything. A guy from IG promised me the other day that he was gonna find a way round this and mail me back within a couple of hours. I'm still waiting.
I reckon I'm gonna go back to the Oz share registry and plead with them, surely they can issue electronic shares straight into IG instead of this paper holding statement ?
Other than that I'm contacting Newfield directly, they did say they would try and help if there were any issues.
After telling me two weeks ago that progression was being made they have pulled out. Stating I need to contact barclays stockbrokers again. My holder of stellar. What a mess
Today, I called AJ Bell chasing up the conversion of shares from paper to electronic shares regarding the above takeover etc.... It doesn’t look good, here is their response that has just come through.
Further to our telephone conversation our corporate actions team have advised me that they are still processing the settlement of the
stock in CREST, our overseas agent. This process can take from 14 weeks up to a year.
If you have any further queries, please feel free to contact us.
Yours sincerely
Hi Jim, yep, load of crap.
Hi Gaz,
I feel your pain, the whole thing seems like a shambles. You'd think they'd never dealt with a company takeover before.
It's now over a month on since I received the shares in my share dealing account and I'm still awaiting the others in my ISA to appear and still getting the same response every time I contact them.
Hi Guys, still no joy my end. Got a mail from share reg in australia telling me to forward my holding statement to IG, requesting them to forward to their Australian custodian who will then convert the physical shares to electronic ones and credit them to my IG account.
Just called IG explaining this and they said they cant do it that way !
I really am at my wits end now, its ridiculous, I only opened an account with IG and transferred my ISA as they said they would deal with them no problem.
Hardy, how did you get yours across ?
Thanks
I'm also still waiting for DeGiro to sort it out...
Still waiting for my shares from IG!
Over 3 months now and still just keep getting fobbed off whenever I phone or email.
Just glad that the SP has remained relatively steady.
Thanks very much for that info sxxswe, I haven't contacted them recently to see if it was possible yet. Good to see the process is up and running.
Do you mind me asking what price you got?
seanhunter, I am with HL and have sold my shares
Hi Sean, I’m intending to hold until Q4 as that is when the drilling campaign finishes or 22 cents, whichever comes first. My NWF shares show that I’m currently £2.8k in profit on my STEL holding, so at least the three month wait was worth it! GLA
Hey hardy78 mate, I think daily volume is just really low on this one - most days one or two biggish trades, some even none.
Glad to hear you have your shares - but it is possible yet to sell them?
I think form your posts you are probably still like me - willing to hold on for a bit to see this rise to 22/23cents at least? What's your intentions short term?
SP is still recovering fom the massive dilution at STEL takeover - which I think took everyone by surprise as it didn't tie in with the 23 cent "theoretical" price quoted before.
Still up nicely on this deal but what a drag this process is - these ones in my SIPP so no hurry, but must be painful for those who needed a quick in-out trade.
IG have finally credited my account with the NWF shares I was due! Phew!
One thing I have noticed though is that NWF wasn’t trading on the ASX for the previous two days and didn’t one day last week - anyone know of the reason why?
HL were fairly good at getting the shares into my account and mmessaging us re. how it was all supposed to work... But it all has dragged on a bit. Not in a hurry to sell as i believe the theoretical post-merger SP quoted of 23cents back at the start of the process is probably fair value and worth holding out for... But come on in this electronic age ot shouldnt take 3 months plus.
Still waiting for IG to supply my shares too!
Still waiting on mine from IG unfortunately!!
Once you have the shares I assume there should be no problem with putting a limit sell instruction on it but can't say for certain. If HL trade on the ASX then can't see a problem with it.
Has anyone else been able to sell their NWF shares yet? I'm with HL but last time I tried things were still not ready to go. The £ / AUD$ rate is pretty favourable right now, but it grates that we have missed out on a bid of 20 cents a few weeks back - quite frustrating.
Also, from the UK we have to give instructions to sell overnight - the brokers here haven't covered themselves in glory, and i wouldn't pyt it past the numpties to sell for 15p or whatever, when you have no up to the minute control over it.
Does anyone have experience with this - are we still able to say "sell only at 19 cents or above" etc when leaving a sell instruction?
Cheers guys.