Member Info for EdGasket

Making losses year after year and paying an increasing dividend can only go on for so long. Once the music stops it will crash like Tesco did when it also paid more dividends than income and has taken over a decade to recover; many of those years with no dividend at all.

I paid 17.8p for my Shanta shares. I will vote against for what its worth.

HOC up 4.2% today with a decline in the silver price? Also has a very high PE and low yield compared to other miners. What is the reason for recent strength?

OK thanks. I sold out of all my BHP before the 'delisting' last year in the belief that I wouldnt be able to sell them on the LSE; dont know if that was more stupidity on my part or poor communication from BHP as to what the delisting meant.

I thought BHP were due to delist from the LSE in January 2022 but they still appear to be listed; is that so? Was the delisting dropped?

...or do we get the full amount we applied for?
Also shouldn't the new shares be available for trading today? - Neither of my two platforms have them ready!

Looks to me like GCAT is out of cash and will need finance soon. Never a good position to be in.

I was told by iWeb that I could have a DRS statement (like an electronic share certificate) but that it would cost £25 and then I'd have to find someone else to deal it.
My pension says they can't hold the shares and if not sold by 21st October then they will be 'certificated'.
I said at the time that HOC spun these off and that they would only be TSX traded that it was a bad move for UK investors; I have unfortunately been proved correct. There is no good option here. On a couple of platforms I cannot sell at all and on another I have to do it by 21st October when the share price is beaten down; or I can get a DRS (and I have no idea what I can do with that) or maybe a certifictae with another platform; none of which are easy to deal with.

Same from another broker:
ACLARA RESOURCES INC - Important Information

Cancellation of Depositary Interests.
On 1st September 2022, Computershare Investor Services who act as a depositary for Aclara Resources Inc announced they will no longer be acting as depositary from 28th October 2022.

The company shares are listed on the Toronto Stock Exchange and as such we are unable to facilitate trading on this platform.

Should you wish to withdraw your shares onto a certificate, please contact our call centre so that we can arrange for this to be done. If you wish to transfer your shares you will need to establish an arrangement with an alternative broker who will then arrange the transfer. Please note in both cases, normal charges will apply.

Any requests to withdrawal must be processed and completed by 25th October 2022.

Thats 31 Canadian cents, not p. Down from 170 cents when we got them but were unable to sell due to admin delays. So they are worth now only about 20p

Yes they are but my broker is saying that there will no longer be a Crest facility available for these shares and so they cannot be held in my account (an ISA). Maybe if your broker can do deals on TSX then it isn't a problem.

Just heard from my broker that the depository facility will be closed this month and I have to sell or take a certificate. I guess the certificate will be untradeable so will have to sell up at a loss here? Any views from Aclara holders?

That's because there has been no effect on their business as the rns says.

Are they suspended?

But a POLY share is a POLY share no matter whether you buy it in London, New York, Moscow or a man down the pub. Such a huge price discrepancy is strange to say the least.
Your reply is exactly why there should not be this discrepancy, not a justification for it.

Seems like you could buy in London and sell the shares in Moscow for a 300% gain. Something not right here. Any arbitrage between markets should be negligible.

the replies so far do not answer the question.

Why does the POLY price on the Moscow exchange of 855 RUB or about 786p, bear no relation to the price in London of 254p? They are the same share aren't they?

£200K vs £12M market cap is indeed underwhelming but at least it indicates a willingness and shift to rewarding shareholders. Hopefully more to come in the future.

2022 should be better still with expected higher gold prices. They have a very low AISC.