Firering Strategic Minerals: From explorer to producer. Watch the video here.
As I said yesterday I think the current sp has the offer factored in but cme the latter part of next week I would expect the P to drop as people start taking the profit. Not btw, I'm here till Parsotix features on the 10'oclock news and beyond.
My main reason for doing it in the way I am is so as to get the AGL shares into an wife's ISA account. This is something I have been meaning to do to for a while. The offer was just the spur I needed. Anyway there has been a slight amendment to my plans in that as I already hold Angle shares in my ISA I have transferred the funds from the sale in my wife's account to my ISA account. I can now use them to fund the offer that is attached to my ISA account. It's the same thing only now I have all the shares. And apparently she still loves me. LOL
As I understand your dilemma, the offer event has been sent to your ISA account but you can't take advantage of it because it's reached it's ceiling as the terminology goes'.. The point I was making using my wife's case as an example is that you can move the offer from one account to another. However I suspect in your case you might have to move the Angle shares back out of the ISA account in order to be holding shares on which the offer can be made. It does seem to be a tricky position to find yourself in if you want to take advantage of the offer. Some very sweet talking on your part might just pull a result out of the bag. Please keep us posted as to the outcome. Good Luck Drums
My wife still had quite a bit availability on her ISA account but all her Angle shares were in her ordinary account. I have been thinking of transferring these shares to her ISA for some time. ( This has offer has just kicked my backside a bit). Anyway what Lloyds have done for me\her is sold all her Angle shares then transferred the proceeds over to her ISA account. After checking that they could transfer the offer to her ISA account I then submitted my application for offer share to the value of the proceeds. IF I get the full allocation it means I will have got about 1000 free shares without having to find extra funds and the bonus of now having them all in the ISA account. IF I don't get the full amount of shares applied for then I will simply buy them at market value. Which is what I would have had to do if I had transferred them in the normal way. Does that make sense and at the same time help anyone Drums
Hi Visainn It would appear I and my wife are in a similar situation to yourself regarding this company. Your thought's on how the current share price is valued also fits with my thinking but I just thought I would ask. As I recently toped at 0.63p and have great hopes for company the decision to take up the offer ( for me at least ) becomes a no brainer. Thanks for sharing your thoughts. Regards Drums
If you have a broker or an online share dealing account you should, by now have received the necessary information from them regarding how and when you can make your application. If you don't have any of the above then you should as missbmw say's go to the Angle web site and read the supporting documentation. (all 26 page plus 4 pages of application form) I hope this info helps you.