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Now I feel the need to qualify that last little barb - let's just say that I have been here a very, very long time. Wanted to exit with profit before I retired now I wish to exit (with at least break even) before I die!
However, and call me a cynic if you must, but when this horrible, pointless war is over and down the line Russia offers the EU a cheap gas deal who thinks the EU (and indeed the UK) will say "no thanks"
Piece on the BBC Website abut the Green Hydrogen Development at Buckhaven but, unless I am mistaken, ITM are not part of this.
https://www.bbc.co.uk/news/business-60241966
Am I the only one to receive this? Surely not!
TWENTYFOUR SELECT ORD GBP0.01
Event TypeTender Offer
DescriptionRepurchase Offer
Offeror: TwentyFour Select Monthly Income Fund
Record date: 31st March 2022
Offer price: To be determined on 31st March 2022
Pay date: Week commencing 11th April 2022
TwentyFour Select Monthly Income Fund is offering to repurchase up to 20% (basic entitlement) of the share capital in issue. Your options are:
OPTION 1: Do nothing (Default). You will keep your current holding if you take no action.
OPTION 2: Tender any or all your shares. You will be issued with a price that will represent a discount of no more than 2 per cent. to the then prevailing Net Asset Value on the determination date of 31st March 2022, in exchange for each share tendered. Elections above the basic entitlement may be subject to scaling back.
Rearranging the deck chairs!
OK I will bite. I suspect that a fair few of us who have been here a very long time - drilling in the North Sea and finding nothing - may well sell a good percentage at 10p (and maybe even a smaller percentage at 6p!) I would like to think I would hold on for north of 50p - but I wasn't a pensioner when I brought my first batch - and I fear I may be beyond spending it if I wait for north of 20p.