Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Yes, yes, I have been thinking of the baby Jesus and I think everything is gonna be alright!
Soon be 15th
Looks like a kick into touch is most likely
Maybe next year Rodney
Yes we would be if we actually had ffs. My aunty said Google to delist must be right.
Shouldn't we have been properly informed that we have been robbed of our money?
Not sure what that news article is all about, claims IIP will delist next week?
Still assuming Christmas will be Our happy place.
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Debt Facilities Update .
Trading should begin when the transaction has completed.
Just in time for Christmas 2023 ,seems most likely.
Best of Luck All
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Shareholders
When will this start trading again?
Hopefully deal goes through and get the 33%, then 5 years and economies of scale :)
Three days trading left .
Then Christmas Cracker here we come
Possibly , maybe
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Spread: 1.00 (1,000.00%)
Well done ISDX
Outstanding Spread
Great news comes by Christmas .
Hopefully this temporary suspension .Next week
Will give the Market time to re-rate IIP into a Pristine Structure
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Next leg up soon as next news arrives.
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Good trading Geng, I think the normal brokers iii and HL will not let you buy so it would be pain on the phone for ages trying to buy and sell so for me even if it looks good value I'm better off out and using the money elsewhere
Just bought back the 500k I sold at 0.8 and 0.7 for 0.39
I've changed my stance having researched things in a bit more detail: credit goes to bbr391 for pointing out the debt is gone with the sale, now this really is properly undervalued.
And I'm out 100k at 0.611p and 150k at 0.5p time to move on, been in this 3 years, at 0.2p they were worth £800 (400k) but got £2250 for the lot, can put that money to work elsewhere
Another 100k sale 0.611p, the point is how can it go higher if no broker allows anybody to buy it, unless the company issues news and the mm's adjust the price I cannot see how it can move. I'm going to try again to sell my last 250k just want to move on from this
Financial performance
· As at 30 September 2022, the value of the Group's investments was £194.1 million (£168.7 million as at 31 March 2022; £263.1 million as at 30 September 2021). The value increased against the previous period as a result of foreign exchange rates, principally GBP:USD. The comparable rates were GBP:USD 1.12 as at 30 September 2022 against GBP:USD 1.31 as at 31 March 2022.
· Net liabilities were £85.7 million as at 30 September 2022 (net liabilities of £46.8 million as at 31 March 2022 and net assets of £72.1 million as at 30 September 2021). The value increased against the previous period due to the effect of changes in foreign exchange rates on the Group's borrowings, which are primarily USD denominated.
· As announced in the annual results on 21 December 2022, the net liability position is based on agreed preliminary terms with a third party and the ascribed net minimum consideration for IIP's largest holding, Distribution Logistics Infrastructure Limited ("DLI"). The proposed transaction is structured in two parts, with a deferred consideration - not included in the valuation - which the Directors expect to have a positive impact on net assets in due course. The Board will be making further announcements as and when appropriate.
Ie yesterday
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The fact lots of you have said you can't buy. The fact you can sell shares easily. I could have sold all yesterday or today @0.611.imho it's not rocket science with time ie months this share will be alot higher.
The Transaction comprises a share swap and upfront cash consideration.
Therefore all debts are rolled into the new Co .
Problem here is no broker allows you to buy them. What is the point of holding a stock nobody can buy. Just imagine all the traders piling in when it was 200% up the other day it would have done 400-600%, I sent a order down yesterday 250k at 0.5p with 4 mm's bidding 0.5p and 100,000 not one took the order crazy eh, just want to sell and move on
Don't you need to deduct all the debts before arriving at 7p per share? See recent RNS about how much they owe!
£8 million cash
One third of new Co ( value one third £1 million )
IHDC £18 million
IEL £4 million
Shree £28 million
Other assets still on book ( unknowns ) .
Total £59 million .
Actual £48 or 7p per share
Well done Sonny
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Here's what ii told me on 11 July: "It appears that the regulatory documents required for customers to purchase this investment trust are not readily available. Therefore it conflicts the current regulations for trading products of this type so we cannot enable purchases of the trust. If you hold shares and are looking to sell, you should be able to do this online. If not, please call us on the number below and we will do this without the additional phone dealing charge." IMHO, investing in IIP is simply not worth the hassle especially with the ludicrous spread - there are far easier ways to lose money!
Does anybody know what this means? Is it likely to be a permanent feature for this share on Interactive Investor, or is it likely to be a temporary thing? Thanks for any info