Member Info for JimBL

Moi ;-)

They (IG) did that to me in November. Told me in December it would be sorted in a week. Still waiting and with zero information from them.

It surely has to happen here. 2.5 billion in issue (or thereabouts) and a sp of 0.0015p is of no interest to any major investors. Maybe a 100 for 1 coming is what I envisage as a 10 for 1 will leave the company looking little better. Thoughts?

Can you even begin to imagine the mess we'll be in if there is any form of TO before we get our share allocations sorted out?

Something clearly isn't right. As I've said previously, Russell and Automic have both told me the shares have been transferred as of 26th and if you did not trade around the ex date then there is no reason they can tell me of as to why the shares aren't in my brokers account (IG).
It seems like none of us, no matter where are shares are meant to be held, actually have receipt of the shares or can actually trade them even if indicated you have them (as they are wrong price etc).
Is this a fair assessment? If so we need to start getting organised and find out how we can have a collective voice to address this.

Monty, have you got your CAI shares into IG yet? No sign of mine since they were originally issued, consolidated, then removed! They keep telling me they haven't received them, but Russell and Automic both say that unless we traded any after the ex date then they were handed over.

Yup, very annoying. I have Russell and Automic telling me there is no reason why I shouldn't have them by now, and yet IG is still saying no.

Who you with, Smidsy?

And have they?

I contacted Automic directly and they have said - "Please contact your broker. I can confirm the shares were allocated on 26 November and a statement would be sent to your broker."
WTF is going on?

I heard from Russell and according to him, unless you traded after the distribution date, then any 'ex' date should have no impact on receiving your shares. Clearly something isn't working between Automic and our brokers.

Called them again today and got a very stroppy person on the line. He said the 'ex' date keeps changing and they won't receive the shares to distribute until it's finalised. How can the 'ex' date not be sorted almost 4 weeks after the event was meant to be completed?
This is starting to stink to high heavens.

Indeed. The cynical side of me wonders if this was to put off the possibility of us dumping a whole load of them once in our hands?

Spoke with them today. Said they were aware of the issue and the delay has been as a result of a delay in receiving them from their broker (?). This has allegedly been sorted and we should have them next week.

"The Calidus shares were booked on as a result of a spin off, however after a couple of days the custodian confirmed that the shares hadn't been issued by the company. Therefore, we had to reverse the spin off bookings and these will be booked again when the stock has been issued by the company and booked by the custodian."
The shares are trading now so I have no clue what they are playing at here. Can't get a clearer answer either.

Me.

Don't bet on that! I had mine on the 20th with IG. Then consolidated. Now disappeared, lol.

I'm with IG too. No clue what is going on. My shares appeared on the 20th, then showed as sold and re-bought. Then consolidated to new amount, and now disappeared!

IG, my broker.

Clearly not, as you would know we didn't have £9 million of cash reserves!