Member Info for eskibeatbeater

Imagine getting HUR for 0.83p per a share. The total risk and outlay for Prax. What a joke.

Sense, if its outside isa tax wrapper, from what you know, i assume we can use carried forward loses against profits? Even still, bad deal, bad structure, bad bod. Don't want none of it.

Littlened, cgt threshold is set to 6k this coming year and 1k there after. So it's taxable under CGT. Most have other Investments too, I run a FHL and that uses my CGT tax free threshold. So this, is extra tax above what I had anticipated for as, when I got HUR, I put it into ISA to avoid this stuff.

Regardless of all this, this deal, under any context, is not fair for the business we have and they want. Hence most are happy to carry on as was but with direction under a new board.

Yes gazelle and coupled with the BS tax in the UK and reduction of CGT tax free threshold, its a raw deal if outside the ISA rules.

I am not even a tax resident of the UK now and unable unable add to my ISA and only realise, so my tax position is different than it was when I first invested here.

Eligible

Littlened, he is making perfect sense. If the DCUs are not edible to use ISA benefits, then they're taxable. Thus, the actual free funds post 2026 assuming all ducks align, is actually 9-10p after tax.

Because surely framework exists already around DCUs and if not, why the hell do they think they can push this new almost scam scheme to us, a profitable company much better without this deal. Its all so so sus.

Sense, what I don't get is... on hmrc website, using the forum, I have asked no end of questions over the years to HMRC and they always respond swiftly. Why didn't HUR bod ask the question there as well as directly via mail or whatever, where they would receive a swift response. Seems they don't want us to know the true answer.

They may not obtain that backhanded payment. Today's RNS screams desperation. Followed by the second to reiterate almost. When can you recall the BOD ever being like this with RNS' previously? Only now when it's all on the line, for them.

It's all so disgusting. Corruption from day one here, false CPRs, ever changing CPRs and reserves. Relenquishing of licenses. Lack of investment due tk 'comfort'. Basically zero investor questions answered at the meeting in the presentation like they claimed they would do.
Told only a few months ago about the viability of HUR now prax turn up, the tune changes. Basically telling SHs how wonderful this is. I only see that for Prax. I dislike how it's spun that prax are doing this to utilise the tax credits as if that's helping us and them. Id rather they remain untilised. Its like we haven't got unrestricted cash, restricted decommissioning cash sorted etc and a decent performing well. I could go on and on and especially about how this deal has been conducted and the terms surrounding it. I know, I'm done with aim after this and will stick to emerging markets and god even crypto is better than this dross.

Rant over.

Fair enough. I did try looking back but you are active on so many shares, I didn't have time to go back so far. Also, my bad, as for some reason I wrongly assumed/thought you were in favour with kooba. With that being the case, i was confused why you would sell and buy back.

I am actually with you. If this deal was cash and definite and subject to ISA rules, even with the time decay/delay of waiting circa 3 years for pay out, I'd consider it viable for my position. But these DCUs concern me with regards to actual likely hood they are realised.

If you think it's a good/best deal we will get. Why would you sell out and not take the DCUs down the line? Its a material gain on todays price. Do you not think they will come to fruition? Also, why buy back after if you think its a good deal anyway? There would be no more to gain than this amazing offer that's on the table?

Simple, why are you in favour for the deal and yet happy to buy back in should it fail to pass?

Starting to stink of desperation. They really wanna secure that severance/bonus pay.

Just ignore him then Kever. As if it goes as you state, this forum will be gone anyway and as will your contact with it.

With the BOD constantly publicly assuring us, this is the best deal/option, you can't help but think, why are Prax interested if it's such a dead lose.

None of this matters now. Ca et al have given the definitive yes. Okay HUR can reconside other opportunities but will any come, unlikely. Plus, why would they reconsider any deal regardless with the board receiving good such severance.

The minimal oil price change is just that. A couple of dollar above the area its languished in for months.

How about people vote what they want. They don't need some cheer leader influencing their financial decisions.

Could have structured my post better but on reflection, the points all remain.
I am just stunned reading back on the last few days on how best to sumamrise it bar senseman has completely lost it. It actually reminds me of a poster called Heid on UKOG and UJO. Similar how they refer to themselves and talk in third person and disregard anything anyone says and makes wild theories.