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Padd1 - I have indeed made the sales you can still see in this morning's trades, and have none left. I will in future not be buying any shares that do not have a public majority ownership.

Panman, it is normal in concept, but doesn't the magnitude scare you? A dilution of 12% of the total issued shares, or in other words, probably around the same number as the total in PI hands. Half "your" value wiped out in the stroke of a pen? Of course they have "no current intention to utilize" them, but that was last week. Might not worry you, but it scares me.

I was naive, I thought AIM had some minority shareholder protection. To me it seems like yet another nail in the coffin, and they can do it again as often as they like impunity.

No, I am nobody's alter ego, I am just me, but you will not see me here again, I am out. Good luck to those who hang in.

They even removed an e from under my nose, what chance have my shares got?

This is going from bad to worse. I see that the agm has now ruled that when new shares are created (at any time the company desires), they don't have to offer any to existing shareholders, just give new shares to anyone they fancy at any price whatsoever. Is this honest business?

It is a disgrace. Sell tomorrow, you get relative peanuts (12p) for your long term holdings, but at least you get something now before it is too late.

Today 31/10 - any idea why?

What's happening is that nobody is buying the shares. If you want the price to go up, buy a million or so, but if you want to know why nobody is buying, ask yourself "what's the point?" It's all about anticipation and momentum. When people again feel the prospect for shareholders (as opposed to company) is looking good, they will buy, the price will begin to rise, which convinces more people to buy.

Krusty, I know, you have. The point I was trying to emphasize is that in reply to "apparently they’ve tried several things to get around it but as a nominee holder they can’t do not going to change" by saying the word is "WON'T", not "CAN'T". Ditto AJBell and others. Without change, their IT systems do not know which of their customers' accounts are able to claim double taxation relief, and you would need to complete a certificate of residence form etc in their system. Without that they cannot claim. Changing the broker's systems to do this would not generate them sufficient payback. In my view.

But do HL offer reduced withholding tax on USA shares? I think they do, and if so then they can do the same for SA.

I asked them "On your website you say "Please note that you cannot buy or hold overseas shares in an X-O account" and I would like clarification on this. RIO and BHP are Australian, but are traded in London, are they OK? Thungela is South African, and traded here - the same? Microsoft CDIs are OK?"

The reply was a curt "CDI lines can be held in ISA but not domestic lines." which is not exactly informative, a bit of a downer. I am also reading/inferring that Jarvis may not have the financial stability I would want for a long term future, but no platform can guarantee that. Thanks Littleaston, I will try a trading account. Stamp duty discourages wholesale platform changes.

Thanks Littleaston, their charges are half the ones I pay and I shall probably be opening an XO account. "Please note that you cannot buy or hold overseas shares in an X-O account" it says, which is a shame, as it cuts out TGA and others, does it not? Yet you say that you do ?

Cricket players? Russian tanks?

It seems from what I can find that Investec charge 1.5% per annum for ISAs up to £1M, and for me that would way more than I would gain by saving 10pc on the TGA dividends :(

DropD : yes I know it is profitable now and should be increasingly so, and if this were a company in public hands there definitely would be a rising price. I invested in that expectation and looked forward to a good pension contributor. Majority shareholders do not benefit from past losses, of course, but nevertheless did and do very well financially. Who is to say that profit making will cause any money to be directed towards PIs? Until the company arranges that the "public" or outsiders have a majority holding I see no reason to connect share price to company performance. I remain a shareholder in the hope this will happen, and of course the current majority shareholders will profit from that happening, with their cheap shares and options to release. Their incentive is that a consequent rising price leads to better gains in the future. Until then, there is a performance-price disconnect.

Go figure? I figure we have a "loss-making" company, with no sign of any return to potential minority shareholders who see that the majority shareholders are doing very well from the loss. Is there any reason the share price should change?

My average is 792 and I am not expecting it to regain that, but as it has given me the best return ever on dividends, I am happy where it is. Dividend received, and as it is probably that that is causing today's price spike, better hold off until later. "The yoyo always descends", as Confucious said.

But the proxy form is just a formality. There is no way any completed forms for proxy votes could be verified, and they would anyway have no impact as the board controls the majority. If the totals of the proxy forms were higher than their share, they would have evidence of foul play ...

I have no voting form online in AJBell for this, as I do with other holdings, but if the PI proportion grew significantly I am sure BEN would arrange that in the normal way.

The news that Penstock is going to hold the board to account has caused the share price to rise 7%. We need more AGMs !

As of 29 Sep 2023 no JV yet as preconditions have not been met (ARCM RNS)

Nobody wants them any more (RNS) and it seems to be dragging AAL down. De Beers should be offloaded.

If you think a dividend is on the horizon, you must be exceedingly tall.