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It's not a dividend, it's a return of capital. I've always received B shares in my account for previous issues, accepting the timescales here are very tight (issued on 19th, redeemed on 25th) which may explain why they haven't showed. It doesn't matter, so long as the payment comes through on or soon after 10th May.
No B shares in my HL account, anyone else seeing them?
... and there we go, very positive results and the benefits of merging with BLV still to be fully delivered. Upwards and onwards from here I think.
Mortgage rates ticking back up this week won't help. Solid update though as you say, nothing unexpected. Hopefully the dividend will hold at the half year.
FYI my latest subscription July 2024 dated. Good that they're using up as much of the old stock as they can for subscribers. Hopefully another one or two more before changing over.
AGM & Trading Update Tuesday, hoping for a bit of a boost here after recent weakness.
Yep, Tuesday.
Remember how painful the drops were in 5p chunks until it got really low, now going back up a penny at a time. Long way to go here yet, give it time.
Timely reminder Andy, I wouldn't have been buying the drops if I hadn't top-sliced heavily at 6p old money.
Oldfinger, I measure fair value in small biotechs based on the chance of success vs the potential market for product(s). On that basis, this has a lot further to go yet. GL
No, no I bought them on the way down boyasaka, now they're above water again on the way up.
Just telling it how it is JinkyJ, if that's ramping I'm a ramper. Follow my posts back, you'll see I've been owning up to buying when many were panic selling. You missed out on the chance to buy cheap shares by any chance??
My last 4 buys are in the blue now, only another 10 to go (to £1.59 lol). Next stop 5k @ 34.2p.
Hasn't leaked in my 13 years here oldfinger - not once, as far as I can recall. It's been a lot of things, but not leaky.
If you think it's rising superfast boyasaka, just take a look at the 3-month graph above. Nice gentle upswing currently, nothing like the dramatic drops that got us down here. Plenty of scope for more, with inevitable (and perfectly healthy) profit-taking along the way.
Tempted to add a few more with the prospect of a 50-odd% gain over the next couple of years or so. A few more dividend payments to come too.
Regardless of the method, the important thing is that we'll receive c. 4.26p per share for 5.12% of the company. So this implies 80p+ in total, as predicted by several other posters on here & way ahead of my forecast of 60p.
Lol yes I know PHILBORO, I meant Wiggly! Should have made it clearer, sorry. Feel free to have a good old ramp though, it's that kind of day!
Thank God, a new ramper. Give us all a break. Keep up the good work fella, don't stop til £10 at least.
So this is where it wouldn't stack up. We know they're going to redeem the B shares for 1p each, and that this represents 5% of the value, so that implies we're only going to get c. 20p back.
Let's wait & see how many B shares are issued on Friday. I don't read pro-rata as meaning 1 for 1 (pro-rata to our holdings surely?) but they could have been clearer in explaining how it works.