Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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
18p would be very welcome to me but i cant see it myself after reading the news
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
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