Member Info for CrystalBallBroke

edit:
certificates converted*

I think i'll bed and ISA mine right away to avoid the CGT issue down the line if i hold them for a rise, if they rise more before we gett he certificates, i'll dump them right away

Got another reply this morning - they're getting better in response timing!

"
Thank you for your message.

I'm afraid that we can't offer an accurate time frame on when this will be completed/

Converting certificates to electronic shares does typically take a matter of weeks, and as such we are anticipating a resolution of the matter shortly.

Please be assured that we are treating this as a matter of priority.
"

I know how you feel ICB, I held all the way down, and am furious with myself for doing so.

At least they haven't had to send the certificates back to be corrected, so that is something i guess.

I finally got a response to my message..... nearly 3 weeks after I sent it !

"
Thank you for your email and please accept our sincere apologies for the delay in our response.

Following the demerger, we received Contango Holdings plc share certificates on 2 August 2022. We released these share certificates onto clients' accounts the next morning, 3 August.

As the shares are held in certificated form, they are currently unable to be traded. We have therefore arranged for Crest, the UK settlement system, to convert the shares into electronic form so they can be traded by our clients.

Once Crest have converted the shares, we will update clients' accounts with tradable, electronic Contango Holdings shares and notify you shortly afterwards.

If you have any other questions, please get back to me.
"

in short, meh.... nothing i didn't already know from messages here, supplied by people more on the ball.

So I have replied, pointing out that 3 weeks appears to be excessive for this conversion time, and is there an estimate for completion.

yeah, once he devalued it, and placed last time around it's killed it, he whined about traders, well now all he has is leavers, people leaving pi ssed off and at a loss, absolute waste of space, it is becoming blatantly obvious that AIM CEOs are made up of useless gits that would get fired at any real job

I did the math on the close price yesterday, and the close price today, and i'd have had a >40% higher return if i'd sold yesterday before close and bought back today before close {frown}

because i believe for most uses, it's required to be washed, so you're not a) selling wait of debris / dirt / dust etc, and b) so when burned it burns cleaner and with less residue and c) for a more consistent burn.

I could of course be completely wrong, but it is a required step prior to selling most of the time.

not had that issue before, will be interested what you hear back from them

yeah, pretty much rhetorical, I think in the last 3 or 4 times i've looked at it closely enough to consider selling before hand, i've worked out generally, it's better to sell a full day ahead of the ex-divi date as shares seem not to ramp up on the day before anymore, and once they drop the expected amount, hold off a couple of hours and the gain can be seen. Out of those 3 or 4 times, i think there's only been the once where it would have backfired

This share is particularly annoying, as it used to be somewhat immune to what i'd describe as AIM fluctuations, where the shareprice swings all over the place as the MMs pull the strings and sentiment rules the price, however, lately, anywhere near 300 and someone drives the price down.

close of play yesterday, i could have got 282.34 for my shares, and the day before that, in the region of 285, so todays drop, way over the top, and someone is making out like a bandit on it.

beyond my shortsighted view I guess, they must have some reasoning behind it.

On a brighter note, at least the SP only fell today by the divi amount (so far) unlike others that have dropped 2x the divi value

anyone bothers holding a share for dividend purposes ?

5.44p dividend, share price down 12p by mid morning trading on ex-divi date, absolute waste of time

They have a plant for washing the coal..... those things are in a constant state of needing repair/work just by their nature, they are the stereotypical money pit, if we didn't have to wash the coal we could cut our overheads by a huge sum.

what a surprise, incorrect share certificates sent out..... and it begins!

i'm so far down on these since the consolidation and BS about it being good for us blah blah blah, and we're how far down since then? and because i refused to throw more in/away, there's never a chance of seeing my initial investment back here, best i can hope for is some form of take over causing a feed frenzy and the price spiking allowing me an exit without loosing all of my investment

Agreed, baby steps and all that, and for once we have lots of details and transparency

wasn't the target price of $50 used in there somewhere?... so we'd be looking at $20 per ton roughly

the thing is those targets aren't ours, they are for those taking on the running in 2 months.

market doesn't like it, live price down over 11% :/

forget this week, today would be good for me lol... i have others that took a kicking this morning and i want to avg down on as they will recover back to where they were when the dust settles in a day or so, and i could do with the reduction in average to give faster out options