Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
I.e. up 1.49% on the day; that's quite different to how it's showing on LSE and Hargreaves Lansdowne; any idea what causes this difference? Thanks All
I've replied to the poster on Yahoo, asking for the source. I'm at the pub, so in the unlikely event it's true i'll have a cheeky orange juice to celebrate
Do you have a link to the conversation on Yahoo?
Sorry, the first link doesn't seem to work on LSE's platform; just Google 'freetrade keeping your money safe', and it'll bring up the webpage (which isn't specific to the Evraz situation, but is probably worth reading).
You're very welcome; I found their response quite reassuring. For reference, the links that are referenced in the body of their e-mail are below:
1. https://************/legal/keeping-your-money-safe
2. https://www.fscs.org.uk/what-we-cover/investments/
Cheers
Hi there ??
The shares are held in the Freetrade nominee which makes Freetrade Ltd the nominee shareholder. The beneficial owners are the underlying holders (e.g. you) and these are the legal owners of the shares. The nominee shareholder appears on the company's documentation and public records but the beneficial owner receives the income and dividends from the share ownership.
Freetrade as the nominee shareholder does not own the shares or benefit from the shares in any way. We also have no claim over the shares and have signed a declaration of trust which states that we will not benefit and have no legal claim over the shares, thus protecting the beneficiary owner's assets.
This is the same whether the shares are in certificated form or dematerialised (electronically - the current standard).
We are required to follow the FCA client assets rules, which set out the obligations for safeguarding your assets. These requirements include implementing strict controls over the segregation of client assets, carrying out daily reconciliation checks and keeping accurate and promptly available records. These rules are designed to ensure that should Freetrade fail your assets would be safe, and could be returned to you (more information can be found here).
We are a member of the FSCS scheme, which means that in the unlikely event that we were to fail, coupled with a failure on our part to safeguard your assets or some other failure, as a customer you may be eligible for FSCS compensation of up to £85k of the value of your assets held with us.
If Freetrade was to cease trading, all clients assets are held in a Nominee account, which is reconciled daily. Our internal accounts would show who is the beneficial owner of these shares.
This page is the most useful from their website in explaining how you could make a claim in the unlikely event that Freetrade were to fail.
Let me know if you have any questions!
Best,
?Tom
Which bit?
Relevant to this; bought/sold lists aren't 100% accurate, particularly not when prices are moving rapidly; see link and quote below:
https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html
"Some years back, all the online services thought it would be a good idea to attempt to list these transactions as buys or sells, and devised a guesstimate system - if a transaction is executed at a price above the mid-price, it is placed into the buy column. If executed below the mid-price it is placed in the sell column.
Now, unless trading is intense and prices moving rapidly, these buy/sell columns are fairly accurate, and represent a reasonable estimate of the amount of buying/selling BY investors FROM/TO the market makers "
Mountainous, as promised:
Dear
We very limited on resources and staffing at the moment.
We are happy to answer questions on financials /investment case / clarify information in our reports like we do with all our shareholders/debt investor on a daily basis.
However we will not comment or respond to questions we cannot answer such as if and when we will issue an RNS and why we did not, requests to issue statement/press release to reassure the market.
All material updates on the Company or the Cineplex case are always released as soon as possible via RNS (this is a regulatory requirement)
I hope this answers your question
Kind regards
Investor Relations
Cineworld Group plc
I emailed IR to ask this earlier today. No response yet (nor to my email a couple of days back asking whether the Mooky article was legitimate). Mountainous, i don't know if you saw my post last week, containing the response from IR to my multiple prior queries about why they are so poor at communicating to shareholders; I'm on my phone at the mo, but will copy and paste it when I'm home. They basically said they're short-staffed, plus some other gumpf. I wasn't impressed, to be fair.
I've just e-mailed Investor Relations to ask if the article is legitimate:
Dear Cineworld Investor Relations
Please can you confirm if the details of this article, released today, are accurate? It states that Mr Mooky Greidinger has been convicted on criminal charges.
Link: Convicted Cineworld CEO: "We were the second largest cinema chain in the world. It al | Ctech (calcalistech.com)
Regards
I see it as being reinstated when the war's over. War is expensive, so it will end when a palatable compromise is reached between Ukraine (read: America/NATO/EU) and Russia (who also have their backers).
Alright guys, posting the below as it's relevant to the discussion; a couple of weeks back I'd queried with IR as to why they're so poor at communicating with shareholders, and got the below after a week's waiting (and a chaser). I'm unsurprised by the lack of staff at the moment, but am still unimpressed with their general approach to comms:
Dear
We very limited on resources and staffing at the moment.
We are happy to answer questions on financials /investment case / clarify information in our reports like we do with all our shareholders/debt investor on a daily basis.
However we will not comment or respond to questions we cannot answer such as if and when we will issue an RNS and why we did not, requests to issue statement/press release to reassure the market.
All material updates on the Company or the Cineplex case are always released as soon as possible via RNS (this is a regulatory requirement)
I hope this answers your question
Thanks Mountainous, that's useful info; i'm tethered to a pc/laptop most of the time, so I doubt i'll be writing them a letter any time soon! I'm more likely to mail them a turd, to be honest xD
Hi All
Just checking in with an update; no response has been received from my e-mail to investor relations, sent eight days ago, highlighting my concern around a general lack of communication with private shareholders, and particularly the fact that we had to learn about the court appeal from external media sources. I also asked them if they could explain why no communication had been sent (I always find the 'why' helpful). So, I've just sent the follow-up below. I wonder if the IR team is understaffed, as many offices seem to be at the moment? Regardless, I'm not impressed. Whilst I always prefer to err on the benefit of the doubt side of things, I feel the IR team needs to do far better given the SP and wider circumstances:
Dear Investor Relations Team
As a further example of the point I have made above, I have yet to receive a response. Please could you respond as soon as possible? I am a long-term investor who has invested a five-figure sum in your company, and I am becoming surprised and disappointed with the poor level of communication exhibited by Cineworld to its private shareholders. Are you able to confirm why it takes so long to respond?
Regards
Joe, you bought at 10?
Just sent, as I entirely agree that CINE isn't communicating with shareholders enough; given the current situation, they should be taking any opportunity to keep a good relationship with any and all holders. Will let you know when I get a response:
Dear Investor Relations
I hope you are well. As an example of my previous concern that Cineworld is not communicating with shareholders enough, there has been no RNS released to confirm the date of the upcoming court appeal. This date has been recently been confirmed via several media outlets. Will Cineworld release an RNS to this effect, and if not, please can you outline why?
With thanks
My thanks as well - the feedback is much appreciated. Apologies if this has been missed, but was there any reference during the AGM to the current (woeful) share price? Sometimes I wonder if Directors and SMT live in cloud-cuckoo land, and are so busy working (and collecting fat paycheques) that the reality on the ground is missed (either inadvertently, or deliberately).