The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
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'them', mates, mates of mates in the BVI ... point is the significant buying continues to amaze.
Greedy wins :-)
:O
Gotta be big background buying still... Calvet & ITK
I'll be greedy with you.
Greedy!
Spread is tight 46/47 anybody for 50 by close or am I being greedy :-)
... and you qualify for warrants ? Looks like a few are up for that.
Less than a bag from here ... we done 15 recently lol 47p paid !
Yes, previous RNS said further details on the management's plans to be included in the GM circular. Should be very interesting!
RNS 'The Company will be posting a circular to shareholders as soon as possible convening a General Meeting to approve a new investing policy, a change in the Company's name and certain other matters.'
Great news. More news on the investment strategy will follow, providing light on why Calvert are so interested in buying so many shares in Mercom.
Confirms warrants not listed but didn't expect them to be.
Resolutions passed! Warrants created and the expiry date is 24th August.
Yes good point
That's before my time sorry. I would have thought your broker would be able to tell you how many shares you hold and what they are worth though?
Ok thanks for that. Sorry for the 20 questions !! I bought shares in Mcc about 5 years ago (270k) I believe they were penny shares then. Would I be right in saying I would now have 27,000 shares? In which case I believe my initial £5k investment would now be worth around £11k ?? (As we speak) Thanks & apologies for being simple
Actually that's not quite true, technically they will still be worth something during the 180 days even if the price is below 80p, based on the probability of the price going above 80p during the remainder of the 180 days. Afaik these warrants won't be tradeable though, although I could be wrong about that - it would be nice if they were.
They are the right to buy shares at a price of 80p within the next 180 days. So obviously if the price stays at or below 80p during that time they are not worth anything, but if the price goes above 80p then they represent free money. E.g. if you have 200k shares you will receive 50k warrants. If the price goes to £2 the warrants will be worth £60k
Hi Could someone explain what these are/or mean? Thanks
Aye plapprrs ... keen on energy storage. Not holding anything specific ATM ... What you m ?