Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Still lost. Are you saying I should still be able to accept offer?
Can't buy any until I get the cash into my account, so try not to push the price up too quick! ;P
That they are wrong Sharealot. Cut and paste the RNS into your mail and tell them that their Corporate Actions team should do their job. Failing that there is a telephone number in one of the recent RNSs (cant remember which) for a something called Link who is there to sort these things out. I must admit I didn't have much luck with Link but what I was trying to do was far more odd (I wanted to know if I could buy more BCN and vote a second time having already voted. Your problem is far more normal).
Rising nicely now and still has plenty of uplift back to 20p and over.
johnpwh .i have been told it's too late from IG. What part do i quote in email?
Woolgie, check your broker as If
Mainstream I expect they won’t even take the order once it’s delisted.
So you can keep refreshing it till then! Then have lots of fun finding a separate broker to manage it for you. Wouldn’t even want to think about what those charges are going to be…
I don’t agree mr c regarding bully boy, I mean how many on this board are still holding and keep asking the same questions about 75%? It’s relentless. Same questions time and time again.
There are way too many here holding that don’t have a clue then will moan when they can’t sell their shares and need to.
I also don’t know if there’s a tax implication for going private as a shareholder? It’s hard enough getting the dividend sorted as Hargreaves marked price into my account on znwd stock needs checking. Leaving that for accountant to work out.
Hope you are right
typo BCN hold no ZNWD shares
Load up all whilst the shares are under the recent placing price. Will head back to 25p and higher given the bullish climate around lithium that will get even stronger.
As they say in the Godfather. Its business, not personal. If we had GFs BOD not useless Secker we wouldn't be in this mess
Opps. my bad, theres a full stop my brain inconveniently didn't notice! Thanks tomcat. you really have been on the ball with decrypting the BCN RSNs.
Matthew and anyone else with brokers saying you've missed the bus. Contact them, tell them they are wrong, cross reference todays RNS and tell them you will hold them responsible for financial loss you suffer. Make sure this is in writing, by Email or the transcript of a webchat that you make sure you keep. Then you have evidence for the Ombudsman if necessary - which is free to use incidentally.
Mr C
No mystery with ZNWD shares, it was a dividend. Hence everyone holding shares (on 17th?) get the distribution. It also means BCN hold no BCN shares, those relating to GFs shares are now held by GF themselves.
Todays RNS is a 'bully-boy' RNS putting the frightners on the last set of remainers without actually threatening ! IT may as well read 'OH MY GOD YOU MIGHT HAVE DIFFICULTY SELLING IF YOU DONT ACCEPT' !
brokers will just have to open another corporate action… but need to prioritise getting the zinnwald shares distributed 1st…
https://www.lse.co.uk/rns/BCN/cancellation-of-admission-bqwtork8yhzmx8i.html
fozdog - this slipped my 'mental net' thanks
the rns says the offer will remain open for acceptance until further notice… it’s confirming that those who accepted the offer by the unconditional date will be paid by 31dec… that’s not a deadline for dissidents to accept by…
Yeah, RNS says you can still accept up to the 31th but my broker has closed the corporate action. Still incompetent until the end! ;D
Mr. C then you’ve not read the rns”s properly.
A separate vote was carried out regarding distribution of znwd shares as a specie, it passed. Like any resolutions that get voted on, you don’t need to accept but majority approved the distribution and therefore it passed. Therefore all shareholders get it whether voted on it or not.
Yes it was tied to deal being unconditional which has happened therefore every shareholder as per the date on record last week got their distribution.
Solely think of it as a dividend and forget it’s reference to the deal.
Kdnc may well surprise a lot of peeps come the new year in terms of their ability to raise funds.
lol… i was just thinking about doing the same…
I've set a limit order to sell at £1. Happy for Ganfeng to purchase them off me at that price.
Does that actually get shown to the market or does my broker just sit on it until they see a bid at that price?
the last push for the 90% squeeze…
fozdog - I am confused I am only stating I was surprised to get the ZNWD shares as I hadnt accepted ????