Member Info for CrystalBallBroke

SP down 10%

another stunning job by the buffoon

and there's the expected RNS, more confetti, and slops in the trough for them to stick their snouts in, what an absolute joke, zero news of actual progress.

in the mean time CGO shares down to 5.5p region .... wiping more value off what we're owed

I've been out of country for a week, but, in the time i was away, H&L have reached out asking directly for the result of the AGM, pointing out they have a number of clients for which they were unable to place votes, and asking if the resolution was passed, how long they can expect to wait before receiving the certificates for their clients.

i'll let you know anything i hear back, he didn't cc me on the email, so i wont see their reply, just got a screen shot of what he sent to them

I too think the thief groves and his cronies are trying to find a way to shaft private investors, and said as much to the chap at H&L and said that i was not expecting this to go smoothly, hence why i was asking him to reach out to them, so they are aware that their actions are being watched by larger entities.

thank you JimTom, appreciated, I'm out of the country 23-29th so will likely not see much of what's going on, I may if I get chance login and see if there's anything posted here, uploads of letters like previous was good, and very helpful to the chap at H&L who i've been corresponding (i have now asked them to reach out to those listed and make them aware H&L have holdings and will be expecting to hear form them)

looks like it peeked at 3.40 yes.

When I saw my account up I went looking for RNS's but could only find the price monitoring ones, no other official news, is this another twatter pump and dump

CGO dropping like a stone does not surprise me, they know that the CGH's entire holding in CGO is about to be flooded onto the market by ****ed off CGH holders trying to get any money back they can.

In the mean time groves is lining up his next scam..... I got a reply from H&L.....

"Thanks for your email, and please accept my apologies for the delay in getting back to you.

I think I have figured out the issue. The company is domiciled in the Virgin Islands and the ISIN (VGG7762V1076) is not set up in CREST and neither is the meeting. For us to enable voting the meeting needs to be set up in CREST. Having checked our Stockfile record only certificated shareholders who have lodged their certs or transferred over to our platform hold the stock.

With regards to your share entitlement I can confirm you will still be due the new line regardless of the above. As such we should receive any consideration from CGH in certificate form which we will then release onto your account once settled.

However timeframes for processing certificates are much longer than electronically so please bear this in mind."

So, they are making it almost impossible for people to vote, and I suspect they are hoping to distribute under the radar to those with certificates and then abscond with any money left that isn't claimed swiftly by those whose holdings are electronic/in crest

I will reply to the chap at H&L and try and make sure they reach out and ensure their holdings are honored.

I don't think it makes much difference ot be honest, Stagecoach switched their official support to the german offer because a) it's cash and b) its more right now without having to wait and realise true value.

basically, Stagecoach directors want their cash and they want it as fast as possible, I sold my stagecoach holding at 106

looks like a boat load of after hours trades (i hate that there's an "special" number that can trade after the markets are closed, just stinks of legalised insider trading) and because the prices don't match up to the closing prices, and the trades outside normal hours they're all listed as unknown... look like a heap of sales to me, or people managing to buy on expectation of heavier fall on market open monday morning

tell me about it, after todays carnage i'm seeing a few things i'd like to get into!

i hope so, cause right now it's a lot lower than i thought it would go, along with the rest of my portfolio

yeah my entire portfolio and for that matter watch list is a sea of red this morning!

I forgot one...

5. There's some serious book building and market manipulation going on in the back ground and you'll see large holdings RNS's released before the end of next week and some very late trade notifications after 4:30pm this friday

i'd been watching this, and the more i dug into it, the hard i've been holding onto my money, dipping below the 400 barrier however is potentially indicative of a couple of things

1. This whole debacle has spooked the market, and a straight special divi and share buyback program might have been better
2. Large numbers of PI's have looked at past consolidations and worked out that it's not in their interest to get tangled up
3. It may be an indicator that despite the companies hopes, that by giving you shares/money that should leave you effectively even but with less shares, will cause the SP to increase in value, that in actual fact, it will drop significantly, at which point the only winners will be the institutional investors with big money to play with.
4. Potentially, things go to plan, and this pre-record date blip is just that and turns out to be a buying opportunity to pick up the free shares/money and potentially be in the blue by mid next week.

Personally, i'm staying well clear until the dust has settled

For the purposes of this squabble, and to answer the question for those that may now be confused.....

This is from,
RNS Number : 2324H
Aviva PLC
05 April 2022

" Timetable and settlement

The record time for entitlement to the B shares and the Share Consolidation will be 6pm (London time) on Friday 13 May 2022 in respect of the existing ordinary shares. The B shares are expected to be issued on Monday 16 May 2022, and the Share Consolidation will occur on the same date. The redemption and cancellation of the B shares is expected to occur on Tuesday 17 May 2022. "

So, for those here that simply want to know when they can sell their shares and still be eligible for the "B" shares and £1.0169 buyback, the answer is no earlier than the 16th May, PERIOD, END OF!

squabbling about record date vs ex-date is just going to confuse people, especially as technically ,as they state above, the record date time is the 13th at full market close!

I'm beginning to wonder why H&L are considered a good large broker, everything i've asked of them they've either screwed up, been behind the drag curve, or have no idea about !

Corporate actions team are "looking into the CGH" matter - i will link the letter scans to them, because of course you can't attach documents in their messaging system - another thing making me think wtf!

The Tex Holdings Asset Match facility..... to quote..... "After our call I discussed with the stockbrokers the possibility of trading your Tex Holdings through Asset Match. However, Asset Match do not trade Tex Holdings with HL, so unfortunately we are unable to facilitate that."

not entirely sure that is accurate, as they will have to get involved at some point as my shares are held with them!

again another useless interaction with them

at least something in my portfolio is up today!

assuming we get cleared and paid, i'd like to know who we sue for compensation

I don't care too much about the voting, because I don't believe there is any chance it wont go through, everyone wants something back. But, I sure as hell don't want to slip through the cracks and get nothing