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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.
ICB888, BLU bought 8 million (£480k) GILD at 6p just three years ago.
Those 8m shares are currently worth ~£58k, that's a £422k paper loss.
There's nothing pleasing about that.
I'm not 100% certain myself, I'm simply trying to interpret it - like you.
Plenty of volume today!
Considering they've explicitly stated they have no desire to undertake an RTO, they should now seek cancellation which will require shareholder consent.
"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
Ragnarr, I couldn't care less who's sold what, like I said - it's simply frustrating to see someone posting an increasing amount of positive posts whilst simultaneously selling down.
No one's trying to 'bully' you.
Forgive us if we have doubts, but last time you claimed not to be the seller we received a TR1 from you a few days later
I do know the answer. I'd like to see some honesty and transparency.
It's not nice to see someone posting an increasing amount of positive posts whilst simultaneously selling down.
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"
Fourth time lucky -
Duke, are you still holding ~377m shares?
If only you had a stop-loss here Ria.
Anyway, doesn't matter, £1 soon, shorters going to burn, buys outstripping sells, in the top 1000 on the leaderboard, to the moon etc etc etc.
Nice try Ria, but it was a punt and I had a stop-loss in place. If only you had one here...
It's like trying to explain something to a 3 year old - they removed your entire threads Ria, which contained everyone else's posts too.
De-ramping? Good one.
When's this hitting £1?
Funny how all your aimless attempts at ramping have been removed by the moderators Ria.
SP 10% down too
Surprisingly the Bid hasn't dropped at all.
Ironically, it sounds remarkably like you're the one trying to make up your losses with desperate cross-ramping.
A very subtle cross-ramp SmoothOperater 🙄
404x, I agree, someone's going to get an additional ~£140m turnover added to their business for next to nothing.