Member Info for Jaxonsax

doesnt apply if held in an ISA or SIPP you get the full divi

who are 'They' ?

As I understand it the issue is driven by HMRC rules regarding SIPPs not the platform 'being difficult' they cant overrule the law but it is annoying I agree. In future i'd much rather see share buybacks than lose 25% of my divi

HL divi just arrived less 25% Irish withholding tax which is a pain. Would be better for UK holders to have a share buyback than a taxed divi

I'd like to buy but with Miton continuing to sell down feels like swimming against the tide. They know this business much better than i do

18p would be very welcome to me but i cant see it myself after reading the news

Looks like the drop has got somebody interested this afternoon! a splurge of decent buys

Surely not even Colin Bird would be stupid enough to issue more dilution at this price (+discount)
Or maybe he would.......he cant help himself

Careful guys. You know how Uncle Colin cant resist a placing when things are going well. He must be starting to itch soon

I agree Kalan. I too have been here for over 10 years and feel exactly the same. Been burned too many times and always top slice when theres a strong rise (as it appears many do likewise) as it invariably falls back down whenever the placing appears.
Thats why theres always sellers around and the thing is continually undervalued.
Jax

How many times have we heard them trot out all the lines about dilution - 'Blah blah blah yadda yadda yadda' All garbage. They have no regard whatsoever for long term loyal shareholders. Transferring value from LTH to short term opportunists time after time
If the placees were so keen/oversubscribed why the heavy discount? driving down the price to the placing price
Operationally Leons doing a fabtastic job but the corporate side is appalling
Whenever there is a strong rise you just have to sell into it because you know for sure the next placing is near and you can buy them back at a discount. If you dont and simply hold you know you will suffer dilution again and again

they just cant help themselves even when the goings good. no wonder the price is always held back

whats the point of another vote if people dont accept the result. Becomes a pointless exercise.

".........As a result, the Acceptance Certificate has now been issued to Bumi.".

Odey's European fund lost 20% in 2017 following a 49.5% loss in 2016 so hardly the midas touch

any counter offer would have to be 325p or more to release the irrevocables which is not very likely so may as well sell now and move on

Enquest is UK domiciled - Glencore is not (Swiss domicile)

maybe I missed something and the idea is - we buy the shares AND pay off the loan they used to buy them lol

if you check the significant holders on SLE website clearly shows the two holders controlled by suntrust. still major holders so either they are trying it on or p'eed off that they were issued at 45p in the placing and now worth 30p or someone new in ST doesnt understand how the deal was done. Strangely they didnt seem to mind when they sold 6m in march 17 at 54.5p

Offer now stands at �46.74 based on takeda share price which dropped 7% in Japan. Be interesting to see how SHP opens in a few minutes