Member Info for fromage

Whenever I look the SP has gone up again. Maybe I should look more often!

that should have read "... for the ones you sold and bought back"

"This can be off set against capital losses, if you have any, and crystallise them in the same tax year."
Ha! Who doesn't have losses?

There are a couple of other factors to consider.
If you sell TGA before a dividend, and buy (maybe a different quantity) back after, the "30 day rule" means that there in effect no CGT this year on the ones you sold (in my reading), but it does get complicated with calculating section 104 holdings that you will need to retain for next year's calculations. See https://www.gov.uk/government/publications/shares-and-capital-gains-tax-hs284-self-assessment-helpsheet/hs284-shares-and-capital-gains-tax-2022.

If you report your losses to IR (and you can do so up to 4 years later) these can be used to offset gains in the following year(s). All tedious record keeping and completing forms, but probably cheaper than a consultant if you can follow the IR CGT notes. Read https://www.gov.uk/capital-gains-tax/losses and all relevant links. They do have clear simple examples that are useful for laymen like me.

PS no offset for inflation :)

But don't forget CGT is a tax on the PROFIT, so it will be more than £12300 selling value in the examples below.

This issue impacts how you decide to handle the next dividend. No doubt there will be discussions on whether to hold your shares and take the hit on the SA withholding tax, or sell them the day before buying them back much cheaper ex-dividend. Now for any shares outside SIP or ISA we will have to factor in UK capital gains tax.

If the government hasn't cancelled ISAs and SIPs by then.

Because the major reason companies hire a broker is to plan and manage the sale of the company, or the imminent rights issue to get more money in?

Penstock, agreed, with emphasis on where is the next customer, or next Integrity order. Clarify too, the train scheduling. My (admittedly terrible) memory says Integrity negotiate the trains and it is out of our hands. Time for moves towards independence?

Scary how the price has fallen, but agree with Malik. Good time to buy, and I have.

The price has fallen too far, so I bought some more. The COP news is good, and this share is on the rise. Good value compared with BP, and no tory disaster tax to face.

Depression. If you find owning shares depressing, you would find it twice as depressing if you liquidated to recover half of the money you put in. Sell and shoot yourself, or live in hope?

We await the evidence of the fundamentals. I have seem many mining shares on AIM that start by leaping high, then quickly petering out to a 10th of the value. With no evidence, why should any investor feel this is different?

Rak, au contraire. Most of us are long term holders, as are the main owners, and so do not sell and rarely buy. Consequently the traders, of much smaller number, are the only people who have an impact on the price, IMO.

The plan was to have 2 shafts, I think, and maybe the second one could be later.

Could be complete next year then, if it was started 4 years ago, as I think it was.

Russian missiles? Isn't that a bit presumptuous? They are more likely to be UK/USA antimissile missiles.

It amuses me when (as now) the bid price is 25.5, the ask is 26.5, yet the "share price" is 23.75.

If they are it may be because of nimbyism. People around Egton, a pretty part of the country, object to growth as would anyone anywhere else. Maybe a council decision.

That makes perfect sense, thank you.

sirmark, if you would please explain further? Your example list seems to be a collection of times of day, codename for the market maker, number of shares they offer to deal in and a price? They generally have two lines, so at 10:12 market maker PEEL was offering to buy 10,000 shares at 22p, and was also offering to sell 10,000 at 25p? The lines with no code, eg 10:50 am 250,000 shares at 24p, or 1,500 shares at 23.5p, and 10,000 at 24.5p means what? I confess I am baffled, and I will not be alone...

But that interpretation of mine does not square with "only one mm on the offer".

Rak, yours in not really an apposite comparison. TGA is proven and known. BEN is not. When I first bought Thungela in early Sep last year, at probably a comparable state of obscurity, the price was £3.1 so in rough terms (adapting your figures) TGA was 4 times bigger and 3 times fewer shares. Extending the analogy, TGA has now gone up about 400% from then, but as BEN is 3 times as diluted, a similar rise (if that might be assumed when coming out of the shadows), we may be going up 130% which implies that when Ben is delivering cash and dividends the price may go up from today's 23.5 to 54p. (is that arithmetic right ??) That's a dismal thought. But we hope Ben has more growth potential.

But as you said, they are probably not comparable at all.