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RR1,
Some reasonable questions. Anticipate some time slip and mission drift and also a future fund raise. However, it shows that there are a good number of investors who are not just watching idly by, but are seriously interested in the good progress of Cobra.
A week was a long time in politics. Just need time - think a year or two here for best outcome which is often the case with these burgeoning tiddlers. Here is as good as anywhere for the present.
Star,
Yes, I concede your point absolutely. It is a fine line between being overly positive and ramping but cut him some slack because Bhukia wasn't really expected to go sour at the time.
Also, JR's presence on a BB can sometimes cause others to focus on a share and result in more positive interest. Keeping a watching brief.
DC26,
I am with you on this - I had XTR in my sights for probably 7/8 months but it failed to persuade. In the end, I passed over it and invested in BZT instead. Probably a bit of an erratic slow burn but as I see it I think generally the indicators are better. Give it a year and wait and see and keep under review. BZT's fortunes could be ours - hopefully!
Star,
Last time he arrived I seem to recall it was standing at about 38 pence - then crashed.
At least a drill has arrived after a looong time, so there's hope and we may yet be surprised.
Monty,
You must stay awake all night thinking of the various angles on this process and putting out some interesting theories as well as facts. Appreciate you doing that so I can sleep easy!
It is not an uncommon practice for potential buyers and institutions to play along but also to 'drag' proceedings deliberately to turn the screws on their target so they capitulate on price. Bit like a medieval siege of a castle where the defenders are starved out. Think there was an element of that in SXX maybe.
However, doing the timely raising of funds by EUA, (the success of which will no doubt have surprised potential buyers), has sent a clear message to all that EUA is no pushover. Indeed, EUA could probably do another raise very successfully if it felt the need to bolster its bargaining position.
Like many, I have been in here (with a lot) since the 3 pence days but fortunately I am not in an urgent rush for news or a conclusion - it will take as long as it needs and feel very relaxed. In fact it is very interesting to have been in this share during such extraordinary events.
There is a date by which the agenda has to be declared for the AGM but I suspect that the circumstances will mean that it has to be very limited and few questions if any can or will be answered. Again, I am easy with that.
I hope that I am proved wrong, but I am currently of the mindset that the AGM at the end of June may be something of a non event as the deals being struck may well run over the very short remaining time frame. Disappointed for sure, but will happen and I will be happy to wait.
Dispel any doubts, keep hold of our 36% and be prepared for more good surprises.
1N
There is a 'Big Baps' sandwich shop in Paignton - never been in as I couldn't order one without laughing.
Also, there is a specialist divorce lawyers called "Ditcher Quick and Hyde"
Truth is often stranger and funnier than fiction.
BCB,
Agree with much of what you say. I got a lot after Christmas at 2p so I'm very recent here and I've not really been up of down since but despite dipping out on the 20 'awards' I think we are reasonably funded at the moment which was a consideration when buying. Just a case of sitting back now.
1N
Layla,
Receipt of income is the taxable 'event' I'm afraid - that's what the revenue are interested in.
What you do with it after that has no bearing and reinvestment doesn't mitigate any tax payable on the receipt of any dividend. Hope that helps.
OldSpursFan,
Thank you agian for your input on this.
My reading is the same as yours but I have been in the league of having to consider such big sums of income or gain before. I have come round to the way of thinking that it would be better for me sell and pay the CGT though.
Will keep it under review for now.
1N
Lovelyboy,
Not Cap'n Jaspers !! That put a smile on my face.
Yes a catch up and reminisce on the ups and downs would be good once we are all done here.
A couple of others are around here but like you don't know them.
All the best for now. 1N
Good afternoon Dancesca,
To begin with I have no quibbles with you at all whatsoever.
However, to respond to your statement, if you look back over the posts on this board, you will see that many have been driven to filter this poster because of their propensity to instigate frequent long running tiresome arguments, seemingly just for the sake of it. And then goading them demanding public apologies. It's all over this board, the purpose of which has been seriously comprised by just one poster. It is very unfortunate as it wasn't like this before.
Best leave it there as it will soon be my vaccination time.
I wish you well and hope your investment does well for you too in the next few weeks.
Elisa,
It depends on what amount of dividend is paid on each share. As others have said today you will need to give specific instructions on your account as to how you want to receive the dividend. . . cash or reinvested. Also, it depends whether your 6006 are within an ISA in which case you will receive your dividend tax free.
If it is in a Fund and Share account then you may have tax to pay depending upon your income and allowances.
It will also depend upon whether you decide to sell before the 'ex dividend' date as to whether you get taxed as income or capital gains tax and therefore at which price you bought your shares.
Complicated - Oh yes. Good luck.