The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
John, as per the email from SD copied here yesterday:
As AB’s options are well in the money and approaching expiry there is a good chance he could exercise them and then have a considerable number of shares to potentially sell and put yet another drag on the share price at a time when we really don’t need it!
By extending the expiry, SD believes (and I’d be surprised if SD and AB have not discussed and agreed on it) that he will prevent this.
Yes, it may be kicking the can down the road a ways, but if things go as we all believe, thanks to this extension the share price should be considerably higher when that time comes!
All IMHO based on the email from SD posted yesterday - credit I believe Academy??
Greetings all, just started researching this as part of an income portfolio - is H&L correct with the stated 10%+ divi and how sustainable do you guys see this divi going forward? Obviously should be very safe with gas/oil prices as inflated as they currently are, but what about a lower price environment (I read that they hedge well so that should work in their favour!)
Thanks!
Very interesting comment from Hopefully gold missed in the chaos:
“ Paddy’s got a unbelievable amount of info that he doesn’t or can’t post that I’m privy too . I’m sitting on my hands and fully believe in Shaun and his team. ”
Think most of those with that view have been from the SOLG board in the past and they still waiting for something to happen there!!
I’m in both and hope they both come good, but fortunately with a MUCH bigger holding here!
A shares are subject to withholding tax whereas B shares are not, so for a UK tax payer B shares are preferable. I believe it is possible to reclaim the tax deducted from the A shares but that is of course dependant on you tax status/position in any given year!