The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Last purchase here, for avoidance of doubt - https://ibb.co/w67mVvr
Yes, a combined 'value', not cost basis.
RNS Number : 9974Q
"Further to the announcement of 4 May 2020, the Company advises that, pursuant to its anti-dilution rights attached to its initial investment in Guild, it is investing a further £480,000 in order to maintain its shareholding of 11.7 per cent. of Guild. The investment has been made at a price of 6p per share, which compares to the Company's initial investment at 1p per share."
No point crystallising such a massive loss.
"Where an AIM Rule 15 cash shell does not intend or wish to undertake a reverse takeover in
accordance with rule 15, it should seek to cancel its admission in accordance with rule 41 (in
the case of a disposal requiring shareholder consent under this rule, this should most usually
occur concurrently with the shareholder approval required for the disposal). In such
circumstances, the AIM company, taking the advice of its nominated adviser, should consider
whether funds should concurrently be returned to shareholders, seeking the approval of
shareholders where appropriate or necessary."
https://docs.londonstockexchange.com/sites/default/files/documents/AIM%20Rules%20for%20Companies%20%2801012021%29_1.pdf
Ria, you didn't answer this posters question;
"serious question for ria20, who is paying you ?
according to lse member info you joined this site on 6th april 2023 and up to this moment you have posted an absolutely staggering 6830 posts on this site
6 april 2023 – 1st nov 2023 = 209 days
you have posted on average 33 posts every single day including saturdays & sundays from joining until now
you are either ….
1. an absolute basket case with no life outside of this site
2. someone is paying you for this colossal waste of time"