Member Info for Gordon57

Can someone help me understand the process for Warrants please. I'm holding 3600 warrants apparently which I understand I can elect to buy for 9p (so cost £324.00) and then sell them after August 31st. Is that correct?
Regarding the imminent exercise My Barclays investment account statement is saying
"If you wish to exercise your warrants, you will need to submit an instruction to us by midnight on Tuesday 30th August 2022." however it also goes on to say :-
" If you choose not to exercise your warrants at this opportunity, you will be given further opportunities on a regular basis to exercise these warrants between now and the expiry in December 2023"
Does that mean I can do nothing at the moment but will still have until December 2023 to exercise the warrants? When it says "you will have further opportunities on a regular basis" that sounds very vague?
many thanks for guidance

Good to see one of the directors has just invested almost £20,000 buying at 360p

Many thanks that's very helpful

I've taken up my full entitlement but the trade hasn;t happened yet and the money is still in my account? Does anyone know when this offer will actually be executed?

I have the same query with Barclays - please update when you hear the answer
thanks

My RKH shares are held in Barclays Smart Investor accounts with my wife and I each having one ISA - in both cases our account states the RKH Corporate Action as "This product is no longer eligible in ISA" Can anyone explain this please ?

My Rock shares are all held through Barclays Smart Investor accounts but there's nothing showing on my account under Corporate Action? Am I missing something or is this ok at this point ?

No I haven't received either from Barclays

I must have missed something ? Why is the SP down almost 5% today please?

and now recovered

Unusually large buy of over 240,000 shares gone through this pm ?

Looking at todays RKH share trades the buys massively outweigh the sales - how can this result in a lower share price on the day?

I'm not an oil industry expert so would be grateful for explanation of the statements "When the scam that is shale oil is fully dawns, " and "What will be left of the US shale industry in three years? Perilous I'd say."
thanks for insight

If those fearing the worst are so sure this is going to spiral down further can someone explain why there appears to be no open short positions on RKH ? at least none shown on this site
thanks for insight

With PMO on the rise significantly in last two weeks as Rocky usually tracks the PMO trend should we expect a return to 26p-28p soon?

Yes I agree about Rupert - well to clarify I certainly agree that ANY CEO of a publicly quoted company that goes bust under any circumstances should be the subject of an independently led investigation and enquiry whose findings are ALWAYS made public and sent to shareholders after their findings are determined. The purpose of such an enquiry should be to clearly identify the historical decision making and public announcement made over the previous several years prior to them going but (or selling out with the equal result of shareholders being wiped out) and to make a conclusion on whether or not a judicial process should be implemented. It simply cannot be right that Directors are able to walk away well paid and self remunerated without any public scrutiny on behalf of shareholders - I wouldn't want to preempt such an investigation into Excite / Rupert Cole etc but in the absence of any such official process of scrutiny I think it's perfectly understandable that shareholders should describe Cole as deserving of "criminal" status and one who should be ashamed of every penny he and his family have enjoyed at shareholders expense. Perhaps the most telling criticism that can be levelled is that any of his family and friends who know the dubious mess he presided over I'm sure are deeply ashamed of him and disappointed that their father/brother/son or friiend could have so willingly misled so many for the benefit of so few Hopefully he doesn't sleep at night but I doubt that

Razwan - In terms of full potential for RKH I reproduce below the post I made last September at a time when there was a lot of speculation about short term fluctuations - it still golds true in my view as an answer to your question:- As a long term holder and continuous buyer of RKH down to 22p (average now 51p over seven years) I reproduce the considered post I made on the outlook for RKH on 22nd September - nothing material has changed and it remains a high risk high reward gamble which I personally believe will come good but which every investor must appraise for themselves with their eyes open. Here's that earlier post from 22/09/2017:- The speculation about the short term projections for a share like RKH are interesting at the level of day trading and history has shown that changes in the range of + or - 5p to 10p can occur for various external reasons, principally the latest outlook for the oil price but when it comes to "predictions" of whether RKH might or might not get back to 60p - �1 or higher in the long term I think they are missing the point. The many reasons why RKH reached �4+ back in 2010/11/12 were all based on it's enormous potential and all those factors are still in place now, in fact the evidence for that potential is now backed up by 5+ years of research, test drilling etc If and when Sealion is sanctioned and a clear route to production is visible the share price will dramatically explode, not just doubling or tripling from the current SP - which basically means that at this point RKH remains a long term (as in until whenever the development is sanctioned or finally buried) punt for PI's especially. I personally think it's a good punt to take or I wouldn't have held and kept buying shares for over five years and I continue to hold the shares in the reasoned hope that somewhere between a 10 - 15 x return will happen...(which suggests �3+ ) but I do recognise it for the punt that it is and accept I could lose most of it if that route to production does not get clarified. In the meantime RKH continue to do sensible things to give themselves as much time as possible for that potential to be realised and the short term SP will no doubt continue to oscillate +/- 5-10p

RKH is slowly drifting upwards almost on the blindside without fanfare or significant comment - for me that is the best sign of all for any share and so much better than a leap on "news" followed by a slow decline for another few months, It will be interesting to see if through the rest of this week it can make it past 27p (and hold it) for the first time in over 15 months

There's no real surprises here this morning the results were flagged in advance it's just a short term reaction - this is now a recovery play and needs time to settle down

A welcome statement from a typically solid company this morning bodes well for future despite cyclical downturn in consumer spending. "sustainable dividend" is the most important element of today's statement along with clearly defined cost saving measures and appropriate investment in the estate at a difficult time. Noone can expect any pub / food operator to be in growth at the moment but Greene King have demonstrated that they are well positioned to withstand the difficult current trends and will benefit materially from the failures of other operators to pull through.