focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I guess so Gaz, and considering the inclusion of the word "around" in the RNS ("completion is scheduled around the 1st November"), I'll try to contain my disappointment until at least the end of next week.
Monday will be the 5th business day from the 1st November. If we don't get an update from RY by opening on Tuesday I'll be disappointed (again!!!).
Thanks, DestituteB, Jezz, Geng for your views.
I reread the RNS of 3/10. It states
"The Board proposes that the record date and payment date for the distribution of the post-Completion dividend shall be no later than 90 days following receipt of the consideration payment."
I can't see anything specifically about an ex-dividend date, only that the record date shall not be more than 90 days after the completion date.
Have I missed something else Geng?
I don't believe the 1.8p dividend will be split. They may hold back the payment to the end of the 90 day period though to maximise the interest payable to their bank account!
Are they not likely to make the ex-dividend date the completion date, or do more learned posters than me believe the ex-div date will be set as some date post receipt of the cash.
No point in buying more shares after the cash is received if they make the ex-div date earlier; can they do that and would it be of benefit to the business or the BOD?
Genuine question from a very long tem holder....
"kissed" = "missed" !!!!
Are you suggesting the dividend may be more than 1.8p depending on the exchange rate?
That's NOT what the RNS specifies. It states they intend to pay 1.8p; no mention of $ exchange rates.
If the exchange rate is unfavourable then I would expect them to revise down the divi. If it is favourable, and knowing AMC, I don't believe they'll pay any more. I reckon they'll simply keep the extra cash in the shell company pending any merger/acquisition.
Have I kissed something somewhere about the possibility of it being more than 1.8p?
This is all assuming that deal doesn't flounder over the next few days!
I think Tellysong was going by the comments of the Sunday Roast presenter who suggested that a P/E of 10 may be achievable. He further suggested a value of 8 may be even more readily achieved.
Tellysong has moderated that target even lower, keeping things in perspective.
All said and done, I think the overall concensus is that the future is definitely bright for JLP
How long do we reckon it will take to the authorise purchase of Kun Manie and the monies leaving Russia.
We know that previously, other deals have been "moderated", and so my understanding is that the 1.8p dividend is not guaranteed until the Russian state approve the purchase.
Went to the local park today. Council have put up loads of signs, "Please don't feed the animals!" The only animals that were about were lots of squirrels that have clearly come out of hibernation over the past few weeks. They're grey squirrels, an invasive species if you're not aware. They're aggressive towards the native species and continually try to muscle them out of the area for their own benefit, so I guess the aim is not to encourage them or help them by feeding them, even when they're scampering about trying to attract attention. Just saying...
Good luck to all.
For the past three years interim results have been released on the last Thursday of March (28/3/19, 26/3/20, 25/3/21). If Leon remains true to that schedule then the RNS should appear on Thursday 31st March 2022, but you never know, it could be this Thursday 24th. Either way news is coming, so sitting tight here with a high degree of confidence....
p.s. thanks to The Gambler for locating this.
* damning
All,
Hopefully this link will take you to the 15 page final judgement of the Texas Court. It makes interesting reading, details all of the attempts by Zaza to steal Frontera's property and is quite dating....
https://www.dropbox.com/s/ao8w58ditz83stj/Copy%20of%20100907563.PDF?dl=0
Hey Gambler, nobody seems to have been able to post this judgement yet, but presumably you can still access it, and it has generated a lot of discussion.Can you post the case number or advise how you accessed it as I cannot find it via the link you posted. Thanks.
Has anyone managed to access this judgement, or does anyone have the case number?