Surely there won't be another round of fundraising?
Doesn't Bill know that we've got Mattja's smug and gittish "I told you so" guarantee and his back-of-envelope calculations that LND raised enough money from the warrants?
Besides, Mattja has an "Awful lot of information" that he's just dying to share on this board, so maybe once he has shared it you might change your tune.
With all the current global turmoil/recession/economic worries/inflation etc... Total and Toyota are companies that would want to complete a deal for syngas power.
It's a deal that would benefit them and give them stability/financial savings, so it's less likely to be cancelled or postponed because of the global uncertainties.
Current circs might even be accelerating it.
This seems like good news, no?
Total and Toyota are serious global players, with money and resources to make things happen. This is what we EQT shareholders have been hoping/waiting for.
Expected sale date is end of Sept? That's not too long to wait... Obvs there is no guarantee it will complete, but I'm hoping they're not giving themselves a huge runway because it's nearly completed.
If DX manage to get re-listed we can start a sweepstake of guessing the share price.
I'm going to go for 12p.
The 30p suspension price was before huge % falls for other shares, so expect DX to fall a commensurate amount. Plus there will be desperate PIs heading for the door trying to get anything they can for their shares.
It's a story Douglas Adams (Hitchhiker's Guide to the Galaxy) told for years:
http://littleatoms.com/words/watch-douglas-adams-tell-greatest-story-ever-told
His is far better than hers, and comes with a fantastic punchline.
The Candy vs Bonnier court case is hilarious!
I was dead set against the terms of AAQUA's buyout of BOOM last year, offering a aotal of £12 per share, comprising £2 cash plus a share in AAQUAA valued at £10 per share. AAQUAA's shares are unlisted, with no immediate timeline of them being re-listed.
Thankfully, despite the Candy-Bonnier bloc trying to force this through, it was rejected. However, it now appears Candy took up shares in AAQUA, based on Bonnier's advice, and now Candy is suing him!
That could have been us!
Hopefully now only proper players in the podcast space will be considered suitors for BOOM, if an offer comes in.
Okay, I can answer my own question. One of the payments was a dividend, the other was a PD (Property Income Distribution). The PID is not classed as a dividend, but akin to earned income, so is taxed at 20% for basic tax-rate payers.
My total PHP dividend payment today was less than I was expecting because one of the payments had tax deducted. Has this happened to anyone else?
Normally my dividends have no tax taken off and I pay through Self-Assessment at the end of the year.
It seems like the AAQUAA-related sells are now done and the relentless downward pressure is now relieved.
Confidence and opportunity is returning and the buys are outweighing the sells. There are still traders taking 10% on each rise, and burned PIs who bought into a good company at a higher price who panic sold at a loss on the way down, but the long-term prospects of BOOM have never been in doubt.
If you want to speculate on charts or gamble for an imminent takeover, then you may win or you may lose. But if you want to invest in a fantastic company at a great price, then now is the time.
If you sell now you will lock-in £2.05 per share but get no dividend.
The ex-dividend date is 15th September, so you need to be on the register of shareholders on the morning of this date to qualify for a dividend payment, which will be paid on 11th October. (Basically hold at close of business at the end of 14th September). You can sell from 15th September onwards and still qualify for the dividend.
It doesn't matter if you've held your shares for 5 years or 5 days, you need to be on the register of shareholders at the close of business on 14th September.
If the takeover hasn't been 100% guaranteed by 15th September, there will probably be some selling by shareholders on this date who want to lock-in a £2+ price while still getting the dividend, so don't be surprised by a small dip on this date.
So the RNS is just a standard notice that 3 board members have exercised their allocation of Save-As-You-Earn shares, priced at £1.40, but it is interesting to note the standard "Information on the Group" section of the RNS:
"Yü Group PLC, trading as Yü Energy, is an independent supplier of gas, electricity and water focused on servicing the SME and corporate sector throughout the UK. IT HAS NO INVOLVEMENT IN THE DOMESTIC RETAIL MARKET. The Group was listed on the AIM market of the London Stock Exchange in March 2016."
The CAPS are mine (I would have bolded, but LSE doesn't allow for this). I already knew this, as should all investors, but for anyone who isn't already aware, YU are making it very clear that any domestic defaulting or non-payment of bills won't affect them. But the share price gets hit as if it does...
Unfortunately, under the current market conditions, the share price of all retailers targeting consumers' discretionary income have been hit (inflation & recession fears), regardless of how well the underlying business is performing.
Also under current market circs, companies producing trading results "in-line with expectations" are also being hit.
So SDG has been hit by this double-whammy (out of its control) when actually it has weathered the economic storms pretty well. What this means for the patient investor is that the divi yield increases, and makes the company much cheaper that it previously was.
A long-term hold for me, but any short-term traders will be caught out.