Member Info for dflynch

Very simple example using just 2 shares and ignoring the annual CGT allowance:

Assumption that you sold both the shares at 15p

You bought one share at 50p so when you sold it you made a CGT LOSS of 35p

You bought the other share for 5p so when you sold it you made a CGT GAIN of 10p.

Your CGT Losses on the transaction exceeds the CGT Gains (35p - 10p = 25p) therefore you have no CGT tax to pay.

Furthermore you can carry forward the remaining CGT Loss of 25p forward into the next Tax year.

Best to recordyour Gains, Losses and carried forward Losses through the HMCR Self Assessment system.

Hope that helps

Wrong board this is TRMR not pharma's

I find this extract from CA's RNS particularly encouraging.

In October 2021, the Fund reported that it had written to the Hurricane Board under Article 94 of the company's articles of association to request that a committee (comprising the non-executive directors) be established with a mandate to investigate what happened and to engage external advisers (should that be needed) for the investigation. The Fund believes that it, along with all Hurricane shareholders, suffered considerable financial loss. In December 2021, Hurricane reported that it had completed a review of events leading up to the restructuring and that no further action was considered to be necessary. Based on the Fund's first-hand experience of those events and having subsequently taken legal advice, the Fund does not agree and reserves its rights in this regard. The Fund finds it significant that despite being a victim of those events, the investigation did not seek to interview the Fund nor request any information from the Fund. The Fund subsequently requested a copy of the investigation report but Hurricane has refused to supply a copy."

I trust that all shareholders will once again get behind CA and pursue this to the very end.

We need to get this matter on the Agenda in readiness for the next company meeting!

What say you?

One could speculate that replacement CEO & CFO have already been identified, approached and conditionally accepted in which case the 30 day hurdle, presently justifying their retention, becomes a non-issue.

I would be very surprised if this is not the case given the amount of effort and treasure that CA have expended on their investment.

The Chairman is non-executive and together with the other non-executive director and the support of shareholders I would suggest that the sword of Damocles is sharpened, drawn and awaits the moment!

JTF

I seem to recollect that HURR can call the CB's before the maturity date but they must purchase all outstanding CB's, they cannot make piecemeal calls

In hospitality?

Reported in the Times.

"The bosses of Google and Facebook knew of a deal allegedly to carve up part of the online advertising market, according to an amended complaint filed by more than a dozen states, including Texas. Google is accused of misleading advertisers and publishers over pricing for years in newly unredacted claims contained in an antitrust lawsuit against the American technology company."

Any bearing on Tremor?

https://wsw.com/webcast/needham116/trmr/2288946 at the point 40 to 45 minutes

So another share buyback programme to be expected in 2022 - according to statements made in the presentation by the CEO

" You can always guarantee a labour government will tax everything and spend the money in the wrong places."

And there's me thinking we had a Conservative government! Tut Tut!

Should also include this company and technology in your research.

Kalina Power is a power company focussed on delivering value to its stakeholders through ownership of the Kalina Cycle® Technology.

The Kalina Cycle® Technology utilises waste heat generated from industrial processes, such as petrochemical, steel or cement making, to produce electricity to supplement the purchased power requirements of the manufacturing facilities, thereby reducing the plant’s overall operational costs.

The technology can also be used to generate power from renewable energy sources such as geothermal and solar thermal.

Agreed - this offer is taking the proverbial "P" and should be rejected.

"Modern electronic exchange mechanisms ensure that differences in the stock prices (arbitrage) are closed in milliseconds. "
Not true. See BEM quoted on AIM and on a Swedish exchange for example.

Arbitrage opportunities occur because market participants have a differing view on an SP, exchange risk, and the supply / demand availability of the underlying share in the market.

It is however correct to assume that eventually the arbitrage opportunity evaporates - but this is over time and not necessarily in millisceconds

German euthanasia group says it will only carry out assisted suicides on people vaccinated against Covid-19

It's a mad mad world at present don't you think?

Smelly stools?

Correction
27.3%

The value of their holding equates to 30p of the 155.8p of their NAV.

They hold 23.3% of HURR's issued shares.

It does not reflect the cost of acquiring those shares

RB

See Articles of Association and take into account the following.

AIM Rule 26 which governs companies listed on the London Stock Exchange’s AIM market.

Takeover Regulations
Tremor International is not subject to the UK City Code on Takeovers and Mergers (the “City Code”) because its registered office and its place of central management and control are outside the UK, the Channel Islands and the Isle of Man. As a result, certain protections that are afforded to shareholders under the City Code, for example in relation to a takeover of a company or certain stake building activities by shareholders, do not apply to Tremor International.

Israeli Law
Tremor International is incorporated under Israeli law. The rights and responsibilities of holders of Ordinary Shares are governed by the Articles and by Israeli law. These rights and responsibilities differ in some respects from the rights and responsibilities of shareholders in typical English incorporated companies.

Clearly the various UK companies acts do not apply to Tremor

I think that resolves the issue!

She's resigned! Back to the drawing board.

RB
A bit more diligent research might be needed before you make such authorative comments. It is Israeli company law that has to be complied with!