Member Info for jlovie

I paid 145.48p for mine nearly 10 years ago, so I've seem them all the way up and all the way back down again.

It was Naked Trader Robbie Burns who first made me aware of GBG (he had them from 20p).

"If I was BK I would place say 2m of my shares when I know they are worth double"

That would be very significant as it would mean BK would hold less than 50%.

I wonder how people who do it that way account for negative averages.

"Yes, but equating 950 with 280 shows a basic lack of maths"

No idea what you're implying.

I regret not selling these when they were 950.

Https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html

"At what point does the company become absolutely worthless"

When SS can't milk any more cash from it.

I've had a few over the years (mostly oilies) where I've held through big rises only to see them drop way back again, some even going bust. Nowadays I tend to sell half if they double for a free carry.

I'm in Helium One which should have been a multi-bagger but I got in when it was much higher and had pretty much written it off. It's a 10 bagger in 2 weeks for those that got it right, don't see too many like that.

I seem to do well with companies beginning with Y.

Yu Group & Yougov are among my best performers.

As a strategy it would be really limiting, Yellow Cake and Young & Co. would be my only other options.

I'm stuck for what to do about MV though, I'm of a mind to dump the lot at a big loss.

I've given it while to see if it recovers but I'm starting to think it might never happen.

Not selling out @950 is a much bigger regret...

What happens if shareholders vote against authorisation to issue more shares?

Lenigas has been hired as a consultant by Red Rock Resources, so looks like he has no more interest in milking UKOG

https://www.lse.co.uk/news/RRR/in-brief-red-rock-brings-in-vinanz-chair-to-help-enhance-key-assets-we7ivo9jqdp7k1j.html

"they are basically going to feck all shareholders over with a big ****ty stick"

Especially the ones who participated in the placing last month.

I've seen the same red circle on lots of other shares on LSE, with same lack indication of any changes.

Does anyone know how the notification of short positions works on this LSE site?

e.g. today I see a 1 circled on the Short Positions for Kainos, but clicking it doesn't show any change of shorts, last change shows as 11th Dec.

Decent results and outlook, hopefully leading to a steady rise.

Can confirm as been trying to do this, can't transfer from HL income to capital account using android app. Bit annoying that app doesn't have full functionality.

I'm guessing the current share price reflects what the market values the assets at if they get sold.

I'm surprised this hasn't fallen a lot further.

Best thing is for someone who knows what they're doing to take it over and sack the current board.

Naked Trader mentioned Yu in his end of year summary.

"On paper my biggest profits of the year were in YU Group where in real life I sit on profits of £100,000 plus as they've gone from 3 quid to 12 quid.

Do I take profits or hold on? For now I think they have further to go.

However with a big amount of them I should be thinking of topslicing at some point."

"If there's a buy/sell order for 106 shares then when that order is completed it is shown as a trade of 106 shares."

Not necessarily. There's a good explanation of the way trades are reported here.

https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html

Isn't this just Sanderson ensuring there's cash to pay his salary?