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In which parallel universe would that be?
Jock I would say you have either a very naive or complete lack of understanding of how the process works.
If you are uncomfortable. Sell your shares and move on, no point stressing yourself.
Then again you likely don’t hold a single share I suspect and your post is perhaps an agenda driven one to try and create a seed of doubt in peoples minds.
Poor effort all round.
Now politely jog on please.
Mad what makes you think they may not have started the process yet? I think the volumes were large enough yesterday to suggest this is happening. I have a daft laddie question, because it was difficult to buy shares yesterday can the shares that are been sold be then “in a sense” be put aside for PH to buy, to make it easier for them to purchase on mass at lower price
As I said, that announces that we leave the AIM All Share Index today.
So - we have an RNS announcing that we leave the Index today, and another stating that the name and ticker will change.
We have not had an announcement that the ticker will change today.
Not sure why lse has not got this rns displayed https://uk.advfn.com/stock-market/london/photonstar-led-PSL/share-news/FTSE-Russell-Photonstar-LED-Group/79662349
Could someone advise please. I had understood with an RTO the shell company issues shares to buy the incoming business . So the existing PSL shareholders get a tiny percentage of the enlarged company and are severely diluted. I had thought a shell company was only worth about 500k plus whatever cash it had. This would male PSL worth about 0,014p per share . So why 0.033p?
Going only one way
Good luck with that
@rich What are your thoughts on the 1.6bn?
If there’s a “Fred the shred” at PH then the morning prayers would have been an interesting event Monday following GM
Ride out the waves...for BIG REWARDS. Ramp King ..apple
This will slowly go down until a decent RNS is brought forward!!
Was that addressed to me, in reply to my asking where a ticker change had been announced effective today? If so, I can see the ticker change, but where does it give today's date?
Thoughts on this 1.6bn please. I don't think they've started the process yet of clearing this? But we did have some great volume yesterday. Unless somehow they think it's going to be placed?? The longer they leave this the more expensive it's going to get for them...
This is ready to blow again, weak being pushed out and strong will be rewarded.
clazas???
Read the RNS http://www.lse.co.uk/share-regulatory-news.asp?shareprice=PSL&ArticleCode=thjogj0b&ArticleHeadline=Shareholder_update
You need reporting
Raw Data
I used to work for a Bank and then our department was outsourced.
Outsourcing: When your current employer wants your services, skills, knowledge & loyalty but does not want to pay a reasonable wage, staff discounted mortgage or personal loan, bonus or continue your final salary pension scheme along with any other perks that have been accumulated over the years.
I was called a Process Development Manager (looked at processes, improved them and saved the Bank millions) I did not like a certain CEO who was knighted but then had his knighthood removed due to allegedly his part in the financial crises of 2007-2008.
When my new employers discovered I was good with numbers they got me to produce management information, statistics on every function that we performed like: total number of daily bank statements printed for each of their four Banks along with Service Level Agreement Data (SLA)
There were many occasions when we failed to achieve our Service Level Agreements. I produced monthly graphs from the raw data and from 12 of these packs I sent 10 to very senior people in the Bank including the CEO (other two packs for our notice board and our boss)
There were occasions when the Bank would trigger five or six times the normal daily volume of Bank Statements and our machine capacity for enveloping these statements could not physically cope with this volume within the 24 hour turnaround. If we missed an SLA then we were hit with a financial penalty. We only ever informed the Bank of one missed SLA.
Almost every other month we would not meet all our SLA’s and the information that I presented to my boss on the correct data would be altered. It was my job to produce replacement graphs with the altered data but I only did this with a confirmation email that instructed me to alter the data. The Bank knew 100% that the data was not correct but they did not want to rock the boat because if they hit us with a penalty then we would not tender for the next five year contract and the Bank would have to find another provider of our services at most likely increased cost. The Bank had their own internal auditors and not once did they audit our department, why? If an auditor had looked at the statements produced on a given day and looked at what Royal Mail had collected from us on a given day they would have seen from the raw data there was a miss-match.
I know what went on at the General Meeting. I am a numbers man (grammar etc is not my strongest subject) When you look at the raw data it is all there staring you in the face. So Lucy and her colleagues have to decide what I know from the raw data, so simple arithmetic for them what is 1 + 1 ?
Answer 1,666,666,666
RKB
PS at a wedding this afternoon, do they still throw confetti about? Like 1,666,666,666 little coloured dots of paper, or have they stopped that? Will they ever stop it?
T I m b e r... down she goes . :(
You might miss out on news next week. Today is shell day. Next steps: Name change New appointment Announce RTO target Complete RTO Not something I'd want to be out of....
Not a deramper**
Wasnt deramping, was just asking a question which is allowed. Whats the go to number of posts before your classed a deramper? 255? Ive held this for nearly a year so i am more than happy for this to shoot.
Why does everyone think the ticker changes today? With any other company changing ticker I've seen an RNS beforehand giving the date it takes effect, but I've not seen that here. We have had notice that, being a cash shell, it leaves the AIM All Share Index today, but that's different.
What have I missed?