The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Large seller due to ESG issues. AXA had 2 separate funds with just under 3% each so no RNS. Is all detailed in here last few days.
HunkyBoyo was initially denying this was happening, but now admits he was wrong, but continues to derail every thread on here for unknown reasons
I'm not
Do you not have any friends or family to talk to instead of spending all day in a chatroom for a company you have no financial interest in?
Seems kinda sad.
You could maybe start commenting on Daily Mail articles and receive more attention :P
Every 1 DLG shares gets 0.03962 (to 4 dp.... calculation is 1/25.24047) shares in Ageas.
Current (as of 15:33 28/2/24) SP of Ageas €38.06 to buy
Current exchange rate is 1 GBP = €1.17
(1/25.24047) x 38.06 / 1.17 = £1.29
RNS value based on yesterdays prices (as stated in RNS)
£1.29 + £1 in cash = £2.29 at time of writing
Well considering that they are about 100% up in less than a month, i think its very sensible for them just to take profits and run.
They probablybought in to ,say, get 4x their investment within a time period of 1 or 2 years. So theyve achieved 1x their investment in only 1/24th of the time period.
Please report all non-ENET messages here. We don't need all the rappers/derampers from there confusing any visitors here.
The share prices of both companies are around the same level, so that just adds to the confusion...
There was a shorter company, Jub Capital I think their name was. They got burnt a few million 3/4 years ago by shorting Eurasia Mining. They ended up going under lol.
We in EUA at the time, referred to that situation as being “jubbed”
If they all immediately close, then the SP shoots up way higher and faster.
If the manage their exit (slower and methodical), they can use bots to try maintain the SP action around these levels for longer, meaning they can buy more shares around these levels