The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Boohoo moaning about free director shared. Boo then state that the free director shares were in the annual report. This would be the same report that they voted to accept?
BooHoo indeed.
Now live on HL
Worth a read.
BOO shares on the cusp of spiking.
Certainly wasn’t worth setting my alarm for today. I’m going back to bed.
There had better be some news by 7am Monday regarding suspension being lifted.
I’m on the cusp of losing my patience.
PhatJ, don’t leave it to the last minute though. The 2 day deadline may not apply depending on how you hold your shares. If you are registered under a nominee name, then that nominee will have to gather instructions from all holders, and may have to put in a deadline several days ahead of the company deadline.
PhatJ the cut off for voting is AGM minus 2 days, so whenever the AGM is rescheduled to, it will be 5pm 2 days prior.
Given that there is a T-2 record date vs AGM, I envisage BoD will do what they can to keep this suspended so as not to allow Boo any further voting leverage. Saying that, Boo may have already made sufficient alliances to block the BoD proposals.
Ubik, I may just realise my capital and let time do the rest. I’m in at an average of 20.2p, and, like you expect the market to price this in the short term at least at 60-70p.
So, the gloves are off and Bob’s had his Weetabix.
Plenty more drama to be played out here.
I agree HH.
Now that the board have indicated that they are holding AM accountable, surely they must now do the same with TA, he is surely just as culpable of any wrong-doing.
Some serious gameplay going on here.
Thanks for clarifying HH. You’d think that having spent 10 years working in equity Corporate Actions, some of the important stuff would have settled into the grey matter.
I think BOO may have shot themselves in the foot here. They need to pick up a few percent to bring themselves up to the 30% they need to launch a takeover. By drumming up interest in this way, they’re going to have to pay hansomly for that small wedge, and correspondingly for the remaining 70%. They’ve certainly rolled the dice.
The wait continues.
For me, this was supposed to be a quick flip. I’d hoped to make x1.5 on it to help with a small business shortfall.
Turns out, I’m now a long term holder. Although I can’t wait for suspension to end, I’m still not sure what I plan to do when it eventually does.
The first range did really well.
Being available DTC and through both Boots & Sainsbury’s must surely be giving sales a lift.
MHL2020, they’re there on the website. I posted a link on this board yesterday afternoon.
Https://revolutionbeautyplc.com/wp-content/uploads/2023/06/Revolution-Beauty-Group-plc-Notice-of-AGM-June-2023.pdf
Had a read through, no surprises. Thoughts?
What’s anyone’s thoughts?
Just throwing a few things out there: A) Offloading BH Cosmetics? B) Dividend? C) Buyout/Partial Buyout from AM, TA or BOO?
It would appear that for once we have the wind behind us, so I reckon 12th of 13th June.