Chester the 4.8 mil at 14:41 was my Buy. 3 months ago it might have took me close to a notifiable percentage but alas events have overtaken us all since then. Pleased to be starting to build my stake again and lower my average.
Daltry that's a bit unfair !! Mav D makes the share price drop a bit every time he posts saying its going up ! I'm sure the statistics would back me up haha.
Currently sold just under (oddly haven’t sold my 0.25 shares) half my holding hoping to take advantage of the current calm period to make a bit of money elsewhere to buy back in with more shares to get my average down. Hoping the price can hang around here for a week or two more. Very Risky strategy but couldn’t just sit on the massive dilution and do nothing. Current average is around the .95 mark target is to get below .80 (hopefully we’ll be low)
Yep no argument there. Not saying I expect a Divi anytime soon . Just to me the only way it would make a difference being 2p or £2 (if same MCap) Simpler to understand a 1p divi than a 0.01p number. Also simpler longer term to describe Divi % increase year on year. Seems a long long way off to be worrying about it now. Maybe I’m over complicating it.
I’d see share consolidation as a prelude to commencement of a dividend payment at some point in the future. Not sure what would be gained until that point is reached.
I’d be interested to understand how the deferred shares work for existing share holders ? The capital reorganisation describes sub dividing shares into 0.1p ordinary and 0.4p deferred. What if anything does this mean in real terms ?