Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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.
Please forgive my ignorance especially relating to Shorting although I have tried to read and understand about it without much success. However, with all that is happening with the shares are we likely to receive our holding in due course? There seems to be no time limit but I should be interested to hear how uk shareholders feel about this.
That’s probably because the dirty thieving bastards went all out to naked short them on 19th October. I guess they $h1t themselves when the sp started rocketing on that day.
They shorted the entire stick in issue 16 million, 100% short.
With 80% of shares locked in and many SMD conversions shares still not issued how the hell are they going to cover this???
They all need to go to prison!
(unless it was multiple trades but even so with a public float of 450k that must represent a massive amount of naked shorts)
https://fintel.io/ss/us/mdai
Has anyone any update on shares? Just got email from AJ Bell that the delay could go on for quite a while
Forgot the link
https://www.wsj.com/market-data/quotes/MDAI
Thanks for the stocktwits tip, good discussion on there.
WSJ data says short interest is 22% of public float, that sounds a bit high :)
They also say public float is only 250K, wasn’t it 450K when it launched on Nasdaq? How did it go down?
On stocktwits they say UK SMD owners are due around 1.2 million shares! How are these silly shorters going to buy that many back with a float of only 250K lol! (assuming they naked shorted & lent out all of them)
Thank you for your message.
We are unable to comment on other brokers or their positions on these shares.
The reason for the delay is due to the fact that we received the new shares in DRS format. This format is unable to be settled and traded in CREST, the UK settlement system, meaning that we have had to initiate a transfer to HSBC and then from HSBC to CREST. This is a lengthy and extensive process which is largely reliant on our third parties internal processes, but this matter is being prioritised and we are working hard to get this completed.
Upon receipt of the tradable line we will contact you without delay to let you know this has been received and how your account has been affected.
I hope this has been of assistance. Should you have any further queries, please do not hesitate to get back in touch.
Yeh, had a look on Stocktwits fella. The lid will come off shortly IMO, however I don't want to sell yet either. As for HL, it's never going to grow old giving those scammers a kicking over this.
Quote. Ive just had an email from Interactive Investor saying they are experiencing undelivered trades on this stock. Also there is a believed market issue preventing them obtaining my share for electronic listing". Thoughts
I just got the same reply. Has anyone went on Stockwits. Suggestions that there are no shares for the brokers to cover the shorts
I'm writing further to your recent complaint. I'm sorry you've felt you had to raise this with us.
Your concerns have been passed to our Client Services Team, in line with our Internal Complaints Procedure, which you can view using the below link.
Complaints Handling Procedure
What happens next?
One of our Client Services Managers will look into the concerns that you’ve raised and provide you with a written explanation in response to your complaint.
As explained in our Complaints Procedure, the Financial Ombudsman Service (FOS) allows us up to 8 weeks to respond, though we'll work hard to get back to you much sooner than this.
Thank you for raising this with us, we'll be in touch with you again as soon as possible.
Yours sincerely,
Tom Price
Senior Client Services Manager
Now referred to their client services team. See what they have to say. Any ambiguity will request referral to Dan Olley head honcho
I wonder if some co-ordinated buying, in blocks of 1000 shares regularly, say every 15/30mins or so, would panic the PI shorters at least?
Make them think someone big is accumulating.
The naked shorters, nothing will rout them they will stay as long as they want I guess.
Only now I found this site. Very interesting data. Looks like almost 50% of the volume each day are short trades.
Short borrow fee rates have gone up to 376%
This looks ripe for a short squeeze.
https://fintel.io/ss/us/mdai
Did contact HL at the same time as AJ Bell but haven't even received a reply back.
I phoned the Fca this morning then emailed HL this morning, let's see what happens.
What is the process for an official complaint? Did you guys write to / call FCA about the broker and also message the broker saying that you are making a formal complaint?
Same here, issued complaint. They have a to resolve in a certain time, 8 weeks, then FCA can step in.
IV spoke to the Fca today, IV issued HL with a formal complaint, if not resolved Fca will investigate it.
Thanks for the info. Still no shares deposited in my account, so I'll send a follow up.
Just got a message from AJ Bell saying they have escalated this and it's being passed into senior management. Unbelievable
What’s happened to Jimzi ? Could do with some of his positivity here
I too mentioned naked shorting to IG, got shares the next day. This was a week or two ago.
Absolutely disgraceful!
Looks like naked shorters are still trying to exit slowly with a great profit by drip feeding the shares back to their rightful owners.
Thanks for the update. I just sent them 2 messages. Mentioned the suspected naked short trading.
AJ Bell told me today that "please be advised, the Spectral AI shares have now been deposited into your account and are available to trade". But they don't appear to have been deposited yet. I'll see what happens by tomorrow morning.
I'm with AJ bell. Still not received them. Will contact them again