Member Info for jlovie

Potential US listing.

Not sure what to think, depends if it's a dual listing or a complete move.

https://www.lse.co.uk/news/YOU/press-yougov-considers-us-listing-in-blow-to-london-stock-exchange-jclwbksc1faxi5g.html

Fat fingers 113?

If you look at the 2 year chart you can see how WOSG seemed to be ideal for trading.

Fairly regular up & down of 150p or more.

That's why I got back in mid-February.

Unfortunately for me it only went up a little bit and never recovered, then dropped away.

I should have set a stop loss but didn't.

It look like it's now trading up and down at a lower level.

Still no idea where it goes from here.

I do wonder about it being a bid target, especially with the Tapestry news yesterday.

That might be enough to convince me to hold longer term.

I've got similarly stuck in Rio Tinto after a few trades then it dropping out of a range.

That's not so bad to hold longer term as it pays a hefty dividend.

Well Yu Group is doing quite well, I averaged up on that.

First rule: Sell the losers, run with the winners.

Second rule: Follow my own advice :)

"Too much down on those to sell the remainder of them"

If you're not confident of them recovering, what's the point of holding on to them? Better to use what money's left in them to buy something with better prospects.

Results are a bit meh.

Looks like I'm unlikely to see my 860p back for some time.

Now I have to decide whether to hold LT hoping to eventually recover, or look for an exit with some loss and move on to something better.

I get stuck in far too many shares like this.

The old adage 'the market doesn't know your entry point' applies here.

"Tern's stake in wyld is worth less than £4m lol...peanuts relative to Tern's NAV"

That's nearly a 5th of Tern's current Mcap.

Share Capital Reorganisation looks like current holders will be given one ordinary share for each ten held, and 9 worthless deferred shares.

--

A company is not permitted under the Companies Act 2006 to issue shares with an issue price which is below their nominal value. The Company's Existing Ordinary Shares have a nominal value of 0.1 pence at present and to enable the Company to issue shares pursuant to the Subscription at 0.06 pence per share, the Company is proposing to undertake the Share Capital Reorganisation, pursuant to which each Existing Ordinary Share currently in issue will be subdivided into one New Ordinary Share of 0.01 pence each and one Deferred Share of 0.09 pence each.

Application will be made for Admission to trading on AIM for the New Ordinary Shares arising on the Share Capital Reorganisation, which on Admission will have the same rights as those currently attaching to the Existing Ordinary Shares under the Articles, including the rights relating to voting and entitlement to dividends. New share certificates for New Ordinary Shares will not be issued and the existing certificates are expected to remain valid.

Holders of warrants over Existing Ordinary Shares will maintain the same rights as currently accruing to them, subject to adjustment of their subscription rights in respect of the New Ordinary Shares, on the terms of the Existing Warrant Instrument, to reflect the Share Capital Reorganisation. As such, upon completion of the Share Capital Reorganisation, each Existing Warrant will entitle its holder to subscribe for one New Ordinary Share and one Deferred Share, subject to the terms and conditions set out in the Existing Warrant Instrument.

The Deferred Shares will have no substantive rights attached to them and, accordingly, will not carry the right to vote or to participate in any distribution of surplus assets. They will not be admitted to trading on AIM and will effectively carry no value.

Looking at TERN today, GROW needs some news like that on some of its holdings.

I'd agree with that.

I've got a moderate chunk in here showing a huge loss.

Even at the current price I still see it as high risk, and wouldn't rule out losing the lot.

I topped up at 389p think that must be the bottom.

I'm not risking any more, I'm more likely to cut my losses and get out.

I've been in risky stuff that has been suspended, and lost big on some that were delisted.

"So assume this message facility will be coming off LSE within a few days "

They usually stay on the system, but you can't add them to a watchlist, so best to do that ASAP.

I've still got discussions for shares that were delisted some time ago.

This is a good explanation of how buy/sell reporting works.

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

It's not a safety net if the keep falling, you've just lost even more money.

I'd pretty much written these off but looks like I might have a chance of getting back to the 14.3p I paid for one tranche 3 years ago.

Not much chance of getting back to the 153.81p I paid for the other tranche 9 years ago...

I sold mine soon after the restructure was announced.

I think my holding (from the Rodime days) was so small it would have been wiped out.

I got 17.42p which seemed a good price. Used a free trading credit so no fees, which helped.

It's over

https://www.youtube.com/watch?v=oBtG0gj6MxA

The UT usually sorts it out.

Could be a shakeup coming.

Resolution 6 - Report on Directors' Remuneration

The Board notes that the advisory vote on the Directors' Remuneration Report did not receive the required majority number of votes to pass. Prior to the AGM the Remuneration Committee conducted an extensive consultation with the Company's largest shareholders regarding the Directors' Remuneration Report. The Remuneration Committee values the feedback they have received on the Company's remuneration arrangements and will continue to engage constructively with shareholders.

I'd held these for years, bought at 333p.

I saw Naked Trader mentioning these as a trading range share.

Sold mine at 239p for a loss, but keeping an eye for a re-entry price.

Missed the last one, but might have a go on any future dips.

Seems to regularly swing 210p - 240p. Several 30p bites far more likely to get my money back than waiting forever to get back to 333p.