Member Info for Delapsusresurgam

Maybe I need to re-read it, but to me it came across as a fair reflection of events past and present.

... because they are just more words ..... and not 'decisions and actions'

If the Class Action succeeds, the SP will inevitably drop. If it fails, the SP will rise. Does anyone have a view as to the kind of falls / rises to be expected in these two scenarios?. I ask because I'm considering adding to my holding as a 'calculated gamble' that the SP won't fall that greatly (as the loss of SP is somewhat 'baked in' already due to the Class Action being brought) compared to the likely rise in SP if the case ends in a BT win (or even a modest award to the plaintiff).

The only possible 'positive' thing here could be that shorters (Glg, Ssytematica, etc.) usually get a whiff of any significant issue in a company before the problems are formally announced, but there's been no obvious increases in shorts so far in 2024.

Am I right in my calculations. Pictet have shorted 1.99% of Tullow shares of which there are approx 1.4 billion in circulation, which seems to say that they hold something like 27,860,000 shares ?. That's an awful lot of shares to have to buy back especially when the price of each share is rising at the moment and maybe even some early signs of the start of some momentum in play here !!!. Over a quarter of a million quid extra in cost to Pictet for every 1p increase in the share price and already over £10.5M cost to them to buy back their borrowed shares. Hope they're not completely hedged and are really starting to feel some pain.

A possible buy-in...... that very thought was going through my head, too !.

it's moving up now, should turn blue before end of play today.

Still a couple of weeks to ex-div and I'm quite hopeful this will get close to £2.60 by that date, as long as there's no disruptive news in the widerr economic sphere. I need capital for 23/24 ISA, so I'll probably sell my holding and hope to buy a tranche back a little later in the year if there's any unexpected dips in SP

Because of NEX's levels of debt and the seemingly dire state of the FTSE (in relation to attracting investment monies), does anyone think NEX could benefit from changing its listing to the NYSE rather than here?. This would seem to me a reasonable thing for the BOD to consider, given that a significant percentage of the business operates profitably in the States.

I've sold other shares in my ISA in order to buy AV so that I get to 8% divi and will then hold onto the shares until the storm passes over and they rise back upwards, as I believe they will. That way (IMO) lies a good divi and a future equity gain.

Hope you're right, but what if the delay is just down to capping it (if it's a dry well)?.

The government need to realise that an early order for at least one SMR will give RR. a far better chance of getting into the wider SMR market before other companies (who are already doing SMR) get too big a lead in the technologies. It may mean the difference between RR having a potential global market against just being favoured in the UK.

I seem to remember that completion was expected around the end of July. This fits with it being spudded 3rd. week of May and with drilling usually taking about 6 weeks.

For 'Bex' read 'Nex'

This is a solid company. The SP rises and falls by large percentages without any justifiable reason. Like many good UK companies NEX is being pulled apart by 'market forces' which seem to be deliberately destructive to their capital value as to make them easy targets for private equity takeovers. UK companies are being harvested by the U S and Bex is one of them imo.

God help the share price if, as a result of the review, he decides that investing his money in BT isn't getting him where he wants to be and so decides to sell his 18% holding !!!.

The sheer number of posts on this board show just how confusing and challenging it is for most PIs to make a decision as to what to do for the best - but thanks to everyone who has contributed helpfully here. My only experience of a share consolidation was with National Grid and it didn't make for a good experience, but I guess every case is different. On another issue however, I'm confused (but may well be missing something) ..... if I had 1000 shares and, in essence, 'sold' 25% of them (250 shares) back to the company for £1 per share, but having paid significantly more than £1 per share for each of those 250 shares, then how is this seen as a 'capital gain'?. There would only be a capital gain (in my simple view) if there was 'inevitability' that the share price would rise following consolidation.

.... and there will probably be another hit to the SP when the US market opens.

... or will Plan B restrictions (and the Omicron threat to travel generally) counteract SGC's interim results such that NEX doesn't need to increase the offer price?.

I'm not 'au fait' with the technology but I thought that the concept had lost it's way and was considered to be a deadend.