focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I imagine we will hear more about the finance package very soon.
When CD&R came to the table the package offer would have been sent out with agreements from all shareholders before the announcement.
Dotting the i’s and crossing the T’s ?
Thanks for answering.
I will keep it in mind so to speak.
I have a question but don’t want to put anybody’s nose out of joint, genuine question.
What is the financial position of ODX ?
As an example, if they get design freeze will they need cash to bring it to market even with shared costs.
Thanks.
Todd, you keep going on about you trading SHI and laughing at people willing to hold till it hits a certain price where they sell.
The thing is, every time you trade your buying price will most likely rise . In the end say at 50p you may or maybe not have accumulated 200% of your original outlay and paid out on commissions all the way to 50p. If you are not using an ISA then you will have to also pay taxes.
At 50p I will have earned 200% with a small commission fee and with zero stress or taxes.
Time/date of execution Price Currency Volume Trade value* Trade type Trade flags MIC
17:50:04 29-May-2020 29.20 GBX 4,112,648 1,201,016.60 Off-book TNCP XOFF
16:42:52 29-May-2020 28.95 GBX 11,598,117 3,357,654.87 Off-book LRGS XLON
17:05:04 29-May-2020 29.20 GBX 28,282 8,258.63 Off-book TNCP XOFF
16:59:47 29-May-2020 29.20 GBX 390,326 113,975.19 Off-book TNCP SINT
16:35:01 29-May-2020 29.20 GBX 16,680,713 4,870,768.20 Uncrossed Trade XLON
16:29:53 29-May-2020 29.95 GBX 6,956 2,083.46 Off-book XLON
16:29:50 29-May-2020 29.60 GBX 491 145.34 Automatic Trade ALGO XLON
16:29:41 29-May-2020 29.60 GBX 940 278.24 Automatic Trade ALGO XLON
16:29:41 29-May-2020 29.60 GBX 4,708 1,393.57 Automatic Trade ALGO XLON
16:29:31 29-May-2020 29.60 GBX 3,898 1,153.81 Automatic Trade ALGO
The results are from 2019.
The results can't be worse than the price we have ended up at with £140million+ pounds in the bank and if the results where bad you can guarantee an institutional would have caught wind of it and opened up a large Short.
If any shorts are open that are below 3% .
Yes the old bod was in charge for the 2019 results but how bad can they be when they still managed such a large bank balance .
I'm holding anyway, looking forward to Friday.
That has been true and most cases with delayed finances but I don't believe I've ever had a holding already 500% over sold in a pandemic before so really not worried about delayed results that where before this all happened.
Equity swaps for cash.
https://www.herbertsmithfreehills.com/latest-thinking/clearer-guidance-on-the-way-the-takeovers-panel-seeks-submissions-on-equity
Or this pdf explanation from another
https://www.clearygottlieb.com/-/media/organize-archive/cgsh/files/publication-pdfs/know-your-shareholders-the-use-of-cash-settled-equity-derivatives-to-hide-corporate-ownership-interests.pdf
No don't worry, I'm leaving, I have got better things to do than write on this board about wonderful I am.
I leave that to you.
Be careful the next door neighbours don't call the Fire Brigade though !