Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If you buy more OO shares now, you won't get the entitlement to Poolbeg shares. However you will be entitled to any future spin-outs, should they take place.
DiM is 100% owned by OO, so relatively easy to spin out using the Poolbeg model. The other two will be more complex and time consuming as they are not 100% owned by OO.
Just doubled my meagre holding this morning - happy to take the free shares and go along for the ride.
OK its starting now.
1 sec for me too, there's a button marked 'leave the waiting room' should I press it or will that log me out?
https://twitter.com/LEMMINGINVESTOR/status/1392055300874809350
Looks like a lazy bit of cut & paste to me, esp as they mention 'considerable upside to 28p' when the share price is already at 36p or thereabouts.
Hi Stu, same here. Got in just over a week ago at 34.2p (straight into the ISA) so very happy so far. I recognise you from DVRG.
Well I'm happy enough, having only bought in on Tuesday for the first time! c.25% up in 4 days - a great start and much more to come.
I sold my DVRG back in Feb and then manually moved them into an ISA (with HL) when the funds had cleared. Luckily price hadn't moved too much. Tried to do the same last week with SBTX, sold them at 46.2p on 31st March, ever since the funds have cleared they've been in the mid 50's and today heading towards 60p so I can't get back in.
Just be aware that as soon as you take money (profits) out of an old ISA, the tax-free status of that money comes to an end. You could of course put it into another ISA for the current tax year (up to the £20k limit on contributions), but if you buy more shares outside of the ISA wrapper then any profits on those will be liable for CGT (subject to your annual allowance of course).
Alternatively you can sell shares within an ISA, keep the proceeds within the ISA and then buy more shares to keep the tax-free status intact. The ISA is an investment vehicle which if all trading is done within it, retains its tax-free status. Note, this is my personal understanding, I am not qualified to give tax or investment advice.
A word of caution to those wanting to bed & ISA. I tried to do it a few weeks ago with HL, searched the website, found the form, filled it in and posted it off. A week later I sent a secure message asking when I could expect the transactions to go through and got the reply back that they have suspended this service during the pandemic, so I had to do it manually.
A nervous few days after I'd sold waiting for settlement so that I could then transfer the funds into my ISA and re-purchase. Luckily all worked out OK in the end, but next week I want to do it again with another stock (SBTX) as that has almost quadrupled for me and is looking to go higher.
I didn't see or encounter any warnings on HL's website to say that bed & ISA was currently unavailable.
After I posted a question regarding the reporting of capital gains earlier, and received a good deal of sound advice, I've taken the plunge and opened up an ISA. Never needed to bother before as any profits have been re-invested but I feel that this year could be the turning point for several of my holdings and I might want to actually spend some of it. Instructed HL to do a bed & ISA with my SNG and OPTI shares, then after 5th April I will open another ISA and do the same with SBTX and DRVG. Hopefully they won't go too ballistic in the meantime! Thanks again for the advice.