Member Info for fuelforlove

It would appear that the articles are only available to subscribers to the site. Beyond my means!

Re HL. I have received my divi today. There is usually a delay of a few days in it arriving.

FYI, I think your info re reinvestment charges is out of date. H L recently dropped charges for reinvestment of most share dividends.

As a lth, I think you’ll find the share was north of 20p at one time. Otherwise, I’d be posting this from The Bahamas!

Hi Truro, johnphw et al, Fox is one of a handful of legacy aim/ riskier investments left in my portfolio. I’m afraid my average is above 12P , but I didn’t invest a fortune! I may add once the dust has settled on the reverse takeover. The new board certainly has good credentials.

Apologies John, didn’t intend to ignore you! The DG ( Domestic Goddess/ Director General) has been in for a knee replacement. Look what happened when I put my head above the parapet! I should post more often. I had contacted Fox investor relations seeking clarification of the suspension and, to their credit, previously I had always got a reply. On this occasion I didn’t. Was too cynical to think that developments were so imminent.

Where have all these posters come from? Previously, I nearly ended up in critical care holding my breath waiting for a reply. Where did ‘Truro’ disappear to? Supervising the anti fouling of his yacht at Restronguet creek?

12 months today since share suspension. Has the takeover reversed into a Kosovan quarry? Whatever, it’s causing sum gyp. ( sic).

Anyone holding with Hargreaves Lansdown might want to check that their Oct Labs dividend was reinvested where applicable. Mine was listed as having been reinvested in the ‘transactions’ tab, but in fact no shares were purchased. I received no reply to secure message sent to HL nearly 3 weeks ago, but note that today the reinvestment has been made.

johnpwh, I have been unable to find anything specific re limitations to duration of suspensions from AIM.
It seems to be covered by rule 14 :

The AIM company announcing that a reverse takeover transaction has been agreed or is being contemplated. In this instance, shares will remain suspended until the company has published its admission document in respect of the enlarged group or the proposed negotiations are terminated (Rule 14).

Aim Watch article :

What happens to your shares when the company has been suspended?

In such circumstances, you remain a shareholder with all of the rights of a shareholder under company law, but you will be unable to execute or place any trades for the securities of the company in question.
Nevertheless, the suspended company must still comply with all listing rules applicable to it. This means that shareholders should continue to receive announcements on developments that require announcement under these rules, so you shouldn’t be left completely in the dark. In addition, once the circumstances leading to the suspension have been resolved or clarified sufficiently, then a notification to the market is immediately required.

Cholertona, See my post of Thurs. 14.04hrs.

For the avoidance of confusion, I received the following from Fox in answer to my query:
“The Company has received an extension from AIM and we continue working towards the completion of the planned transaction”

I am willing to be corrected, but I don’t think Andy Briggs was ever Chief Exec at AV. He was boss at Friends Prov/Resolution. He was passed over for the top job when Mr Wilson was forced out. He landed Chief Execs job at Phoenix Group.

I received the below from HL today re my query about RNS of 18/01/21:

“I am following up on your recent secure message regarding a company announcement for Strix Group plc.

This was released through RNS Reach and the RNS feed that our data provider supplies us with does not include RNS Reach stories.”

I have to confess that at first I thought you were living up to your moniker! I’ve checked HL this pm and the RNS still isn’t showing and no alert was sent from them. It does look very promising. Good to see the rise today.

Share price rose on rumours that PHNX European assets might be sold. See rns of 24/11. Could be that the new rumour is it isn’t going to happen.

Yes. Didn’t mean the B word!

From the drop today, I guess the new rumour is no deal!

Share purchases seem to have been extremely well timed. Should be a trading statement near end of month.

They will only use it if the growing conditions dictate it. Presumably, conditions at harvest time have been dry, so mevalone not required.

If it’s listed they will deal in it. Having said that, AUY Isn’t showing on HL . I believe HL currently have technical issue with website which may be more extensive than they’re currently admitting to.

Seems like acquiring Halopure technology was a savvy purchase. Must confess I was dubious at the time.