Member Info for Ilovesushi

WHY BUY THESE SHARES? If a lifestyle company to keep a few in jobs. Another charity that takes money from mugs.

More share sales to pay the wages?

This selling shares is a mugs game.. Always willing for some fools to part with their money. This will never make money.

40 pence coming. All upside now as production is ramped up.

Successfully achieved commercial production of 97% pure flake graphite from its Vatomina project.

Super positive....

And daft investors still willing to pay the wages of a few boffins. This has never made money and never will. More funding coming soon. Confetti time again. This company should not be allowed to trade. Its a charity at best. Never any chance of it making money. Sell before the next funding, there will be more and more fund raising after that if people continue to give it more cash. Its time it shut shop. SELL

Proposed Restructuring does not provide for any recovery for holders of Cineworld's existing equity interests.

One Chance in a decade.

From a shareholders perspective it is extremely important to know as a definite if the special dividend is a return of capital or income in the hand of shareholder and subject to UK dividends tax.

The board should have provided information about this when they asked shareholders to vote for the special dividend. They should not have left this to shareholders to speculate on how the dividend is structured.

When the board clarifies how the special dividend has been structured, the shares will fly through 1.8 pence on the offer and then adjust with remaining cash in a shell company with RTO prospects in mind. Its 2.3 pence plus all the way. On x dividend, AMC will be valued at about or around .05 pence. Its a strong hold for me.

What I mean is the special dividend is NOT subject to UK dividends tax.

The 1.8 pence tax is a free special dividend being return of Capital is going to reduce the tax base cost of the shares after dividend is paid.. e.g. If you paid 2 pence for the shares, then the adjusted cost for CGT purposes is 0.20 and not 2.0p

Well I am ready for my 1.8 pence and happy to get shares worth a minimum of 0.5 pence. I am expecting news next week of when I can get the payout. The company will shortly at the same time make it clear that this special dividend, is a return of capital and will not have to be declared profit for capital gains purposes. Its a win win. I am glad I was allowed to top up. Its like taking candy from a baby. Going to have shares in a cash shell to boot and the 1.8 per share. Happy Bunny. Update next week should clarify things.

https://www.fool.co.uk/2023/03/30/a-once-in-a-decade-opportunity-to-buy-cheap-boohoo-shares/

buy buy buy

AGE, how did you know the solicitors were working on the deal for 2 years? I cannot understand that it is possible to buy AMC shares at 1.71 when we are going to receive a tax free dividend of 1.8 pence and still have remaining cash left together with a cash shell company.

Plus remaining cash shell of 0.50 pence. That must total 2.3 pence. Minimum. More on a good RTO and future prospects.

Yes, I confirm this has to be a return of Capital.

massive up-tick for sure. Not long now to wait.

£1.00 plus is my guess.

Expect an announcement shortly by the board on the structure of the return and payment date. Should be a lot of buying when that is announced and movement over 2.0p

Agneissearner

The dividend has been called a special dividend. However it will most certainly be structured as a return of capital. No tax to pay.

So value increases from 1.8 to 2.33 p

Is GKP now an illegal operation with no valid license? Cant see the Iraqi leaving things as they are. They will not let GKP keep making all this cash. New deal for sure on less generous terms. If GKP does not like it they will be told to walk. Eventual deal for sure. More for Iraq and less for GKP and the KRG.