Member Info for hefonthefjords

I think their prediction is actually £0.0458 up from our current £0.0091 price.

Still great.

the spread on this has been absolutely brutal for months.

Try nearer 9x. £193m x0.5 = £96m

mcap = £11m.

Poindexter - I am thinking about ten years down the line.
Which one returns more - 6% compound x10 years on 100% of your capital, or 6% compound x10 years on 75% of your capital?

We've been done out of 4 extra years of compounding in the ten years timeframe. Lose a small amount of capital return now to also lose 40% of your compounding time later?
How is that a good plan? I can gather more capital. Nobody can gather more time.

4 years of sustained 6% annual divis required for us to regain that 25% of the "commitment to return at least £4 billion to ordinary shareholders" after the buyback.

Zero years if they had just given us the cash.

Not impressive.

Haven't found any reason so far. Could just be trading.

I'm confused a little by what you are asking here too, this share is already ex-div as of 2/12 which means no matter what you do now you will get the dividend as the date of record should have been 3/12 or 6/12.

I may be wrong here but if, as it seems, your question is as simple as "when is the best time to rebuy in the new account?" the answer is on dividend payment day as the share price will reduce roughly by the dividend per share value, in this case 17.21p on 19/1 making that the optimum time to rebuy for a pure dividend capture play. This strategy doesn't account for any share price movement between now and payment day though so the net benefit is a total gamble that none of us can really specify the outcome of for you as the share price will do whatever it's gonna do no matter what we say or think about it.

I understand you may not be specifically talking about NG. but the same theory applies elsewhere. Ex-div day + 2 is usually the day of record and no matter what you do after that date you will recieve your dividend allocation for the shares you owned through that ex-div day + 2 period.

As far as minimising tax liability goes, I don't know enough about how what you are doing works in that sense to offer any useful help there I'm afraid.

Best of luck. :)

It's not a national asset if the government doesn't own it.
You can't sell your house and keep living in it.
They had their shot at having a national telecoms provider and bottled it in favour of a quick buck. Tough ***ties.

AV. is simply a bank account to me. It beats inflation and that's all it needs to do.

That makes more sense Drunk. Cheers!

They are to be cancelled. Suspect they will not be cancelled until the full buyback program is completed but not sure. This will have to be declared in RNS so expect it makes sense for them to wait until the buyback is complete and issue a single cancellation notice for the full number of buyback shares.

The downtrend seems to have been broken. Either this is stabilising in the range or it's starting a steady slow rise.
Still down ~2% for the month-to-date. Close above 8p would confirm trend reversal for me. 7.7% rise from here to do that. It's a hold for me at the moment.

The 200-day average price here is 13.75p and nothing about the potential of this share has changed since the price was 28p but there is not likely to be much in the way of progress until spring next year due to the drilling schedule.
If you want to park some money this is a fine place for it but the price is likely to be fairly steady in the current 7-7.5p range for the next 3-4 months until exploration resumes.
There is still geophysical data collection going on which could boost the price but they are mostly confirming and refining the data they already have by the sound of things.

lol Hawi.

*applause*

Did you even read the document?

The header on the very first page says;

"REABOLD RESOURCES PRICE
VALUATION (UPSIDE)
0.36p (+118%) ? 0.47p (+185%)"

That is based on the NAV defined later in the document as being 0.36pps.

Zak Mir is how I discovered RBD this time last year, however I only finally took up a position yesterday after watching the RBD chart all that time. The news of the potential Corallian sale was the kicker as that's potentially worth multiples of the current mcap.

Buybacks with cancellation will only change the share price significantly if there is scarcity, which we don't have here.
The buyback tells me they are not expecting to have anything exciting to tell the market for a while so all the buyback is doing for us just now is stabilising the price in a range. This is not bad for us, but doesn't improve the upside in the short term.

TradingView shows the ATH daily close for RR. as 442.24p on the 6th Jan 2014.

I was wondering the same thing....

Upon further investigation, the gas is used to stun the animals before slaughter (to knock them out through mild hypoxia basically), as a protective atmosphere gas in the packaging process and in the advanced industrial refrigeration systems they use for storage. The compressed air bolt gun is not part of the Co2 usage.

The board will not recommend the higher Transdigm bid unless they offer terms that are parity with Parker's that will satisfy UK Gov on jobs and national security, irrespective of the better price. It's too risky when UK Gov have demonstrated with nVidia/ARM that they have the will to intervene in deals that cause them concern.

I have taken my profit now as I suspect there will be some volatility to be had here as this situation develops.