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Old news just being regurgitated, most people will shop based on budget & price Wickes fits this bill. Kingfishers shares are in just the same state.
Politically motivated newspapers are driving this to stoke up resentment and discourse.
In the meantime good opportunity to top up
Fidelity would not comment on Tax issues, so declined to say anything
assume not assure
ASI - The fact that the deal was not explained in the detail that we see now from the Q&A, I was referring to the original RNS & Powerpoint that was put out. As you said maybe you would have kept your holding if you had seen this. If they had done a proper briefing most then I assure more would have held on and not jumped ship with losses
Just my opinion - no sides, no issues, just a PI who wants best return on money as we all do
It shouts out that the Hurricane BOD are useless at all communications. Instead of a pathetic briefing of how good they have worked to secure this offer they should have explained the deal in English for all. Not Maris speak of forked tongue and gobbledygook.
The true testimony is if the share price goes up on this briefing
However if I was the buying company I would help stage exit all of the muppets currently in charge of Hurricane. I have seen better communication briefings from Network Rail on how they are achieving success in their delivery of 99.99% efficiency. Again all gobbledygook
Meant to say poorly
The CA RNS did get one thing right, it said the BOD had pool communicated the offer to shareholders
So in simple terms BOD & CA explain what the offer is in simple terms not the snake oil pathetic video of an 11 year old powerpoint and the guarantees that we will be paid any money at all
I asked Fidelity if I would be liable for CGT if DCUs were paid into a SIPP, response:-
"Unfortunately, Fidelity are not Tax Specialists, and as such are unable to provide completely accurate information regarding taxation."
I found this list of shareholders (I hope the latest), I have taken Fidelity and will keep on tracking down in there;
Pick one and start asking
https://simplywall.st/stocks/gb/energy/aim-hur/hurricane-energy-shares/ownership
My broker is Fidelity - I asked yesterday I am awaiting a response on Tax implications on DCU's; also enquired as to which way they will be voting in the "Great Hurricane Give Away" as they hold some 11million shares. Trying to track down the fund manager for them, before I email the CEO Anne Richards
Voting No - as can't see the upside at all, would rather take the cash out as long as possible and if the pump failed at least we know the risk.
cheers Gazelle
There was a spreadsheet capturing qty of shares to vote against, if you haven't input please add,
Can someone upload the link again, I didn't keep it
so they will run the profit down so not paying any money out and then take all into Prax at our expense
Maris needs his brain looking at
they didn't give up, they had their tunnies tickled and rolled over for a biscuit, and laughed while watching us all take one up the proverbial
Just watched it, I have to ask
What are these 30 pieces of silver I see presented before me ?
Couple of points -
The risk of the well failing is just the same with this stupid offer, but we will have been sold down the river at 1/2 price. So show me the benefit on that point Mr Maris.
So will use all of HUR tax credits, funds etc to buy more assets that we may get a %ge of if the make a profit, hmmmmmm so again no real benefit as they may buy loss leaders to cover existing failing parts of their business - where's the benefits Mr Maris
This is 30 pieces of silver if ever I saw it
no you get 4.05p now, the rest is all supposed, it is an awful deal