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.
3card, hopefully your not allergic to anything...that's the new guidelines for the vaccine. If you have allergic reactions to any medication or food then don't take the vaccine. What else haven't they tested in the trials...interaction with medications we already take?
I wonder how much swedish iron is in the average cruise ship. Lol
Sorry 3card...Needs must when the devil drives and all's fair in love and war, etc. Lol
Sorry Suzy but when you get to my age, it's either cruises or Warner's and I know which I prefer. Just booked back to back princess cruises for end of May . Now where's that syringe?
FarEnd...That's a surprise, I didn't expect philosophy. I don't need them for survival but I do need them to keep my percentage up and I haven't used my ISA this year because I've been waiting for an opportunity. But wanting things isn't bad, surely it's part of being a human being; on, on, on wanting things...where would we be if we didn't want things. I don't want a cruise on an ocean going liner, perish the thought; I'm only interested in gardening and I get fed up with that sometimes. Want also means lack of which makes it the same as need and if you think desire is the source of all pain (and it has it's proponents) why are you buying shares in banks and ships. How are my wants worse then yours? Cruise ships are bad for the environment, they pander to people wanting to be somewhere else for no good reason ...whereas iron is a very useful commodity.
3card, if it 5 bags from 3p I'll have only just broken even. Lol.
Evening TFE. Well I want and need them, the small problem being that I can't pay for them. Lol.
Sounds like Sooz will nip in for a double scoop and prize them away from your not so clammy hands. She is on a gathering mission.
:-)
The thing is Suzy, do you want them or do you need them?
For your guidance - In economics, a need is something needed to survive while a want is something that people desire to have, that they may, or may not, be able to obtain.
Good point that Sooz. The dilution level mentioned in the Offer info would then not be true. Yes, so it can only be extra shares generated from those qualifying holders who don't take up the Offer, or who only take part of their entitlement.
Thanks Sooz. x
That's all good then. Not greedy. Will make a nice nest egg if it 5 bags.
Oops, I meant ...satisfactorily...
Yes, the 3 for 8 is guaranteed for those holding on that qualifying date.
Thank you FarEnd, I hope they come to me.
You're right Eric, mine are up for grabs if anybody wants or needs them.
Otherwise dilution would be more than 27%.
I have assumed our Options are guaranteed but I doubt the Company could issue any more shares.
No probs Eric. Just grateful for confirmation my 3 for 8 is guaranteed.
Cheers 3cb
The 3 for 8 Offer cannot be restricted. Shareholders who held on 16 November qualify for that. We can all take up the full Offer, the whole of our entitlement, if we wish to do so. As for the excess shares, I'm not certain whether they will only be available if qualifying shareholders do not take up their full entitlement, therefore not claiming those shares and thus releasing them for other shareholders to apply for, or, supposing everyone takes up his or her full entitlement (doubtful though), then I don't know if Kurt will have a pot of extra shares already waiting to distribute pro-rata, should each qualifying holder take up his or her full entitlement amount, enabling applicaton for any excess.
I hope we don't raise too much more at 3.16p. Lol.
I haven't satisfactory answered your entire question, but it got me thinking, so thanks for that 3card.
Hello again...can't say that I do understand it..it says in the Prospectus that the of the results of the SDR Issue would be announced today, latest date for payment without preferential rights 11 Dec...but if it was oversubscribed there wouldn't be any would there. And it's underwritten up to 80% by the Guarantor, so what does 'up to' mean?
ERIC. Hear what you say about 3.16p but at least it was an internal placing. I would have been well wazzed off with a city placing at those prices.
Just seeking clarification to confirm my own thoughts. As opposed to an IPO, where the amount you get depends on whether the offer is oversubcribed , I assume the 3 for 8 to existing shareholders will not be restricted.
But also could someone please clarify, whether or not additional shares will be made available to cover excess applications and thus raise more funds here.
That's how I read it Andy. Seems about right. At least it was oversubscribed, a good sign. We needed that.
AIM, difficult to imagine this ever reaching 70p again, due to the amount of shares we will shortly have in total issue. A nice thought of course, but is it realistic? Dunno. Kurt has managed to quadruple our shares in issue since he took over, so he needs to deliver the goods for us, and I hope it will be next year. My thoughts are that he's let Baylan and co off the hook this year, not really battered the door down enough. We remain without the concession licence, no decision, the Government having done nothing, in spite of supposedly prioritising our application, and after our February meeting re possible legal action, Kurt has not pushed enough since, he's allowed himself to be given the brush off. Now we are having one of the largest fundraises ever, if not the largest, at a terrible sp.
Another awesome year, lol, well, maybe in terms of the Kosovo project, but who knows much about it? We have a high tech hot heat map and Kurt getting excited, ouch, burny burny, but the grades of samples so far per amount sampled seem somewhat underwhelming, and not even a ripple in the market for our Kosovo news, or Finland for that matter, and we still have the mystery of Vardar, the unlisted unaccountable drain on our finances.
Still, it could be worse.
Howl.
Yep, same rights, just wondered over the amount of shares that would be alloted, looks like people asked for 64 millions shares but will be getting 17 mill.
I hope Ed is enjoying his time away from this.
I also wonder how ED44 is getting on, I miss his contributions