The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Anders have you spoken with HL?
I am still happy to honour the deal we've made, subject to doing that quickly in the next week or so. We need a practical way to complete the deal.
The RNS has reduced anxiety about the nomad.
I am not selling all my shares to Anders_uk, so I continue to be interested in the share and I hope the suspension gets lifted soon.
Mm/Sp of course!
Spikey I am not saying that Anders_uk is not to be trusted, and expect he will say the same about me. I hope to talk with him soon about the deal completion.
We do not know each other, Spikeyj..
Spikeyj, a cert is not needed. The shares can be transferred from my account to the buyer's account directly. The counter party risk is the issue and it would be helpful if HL can assist with that..
ChrisP, I've been talking about the deal with Anders on another thread.
HL are a large firm. Our transaction is relatively small for them. You may manage to get them to help for a fee!
Anders, I can save you trawling the LSE board for my recent post. I said this in my post yesterday -
"Anders_uk, I've spoken with HL about a share transfer from my account to you. It can be done but the downside is that it will take 3 or more working days for the shares to be moved out of my ISA. The money transfer needs to be done by BACS transfer between us. HL cannot accept responsibility if only one side of the transaction takes place. If you're still interested in buying my shares can you please let me have a phone number or another way to contact you privately (possibly username with ADVFN). Thank-you."
gfd no-one said you could get commission lol!
Anders_uk if there was an RNS saying the company did not have a nomad and would get delisted, would you honour the deal?
I did notice that you didn't reply to the post about my HL phone call yesterday. Please respond to that now. I think we should talk about this in private.
Hurrah!!
Marvellous RNS. I am sorry that I doubted the directors.
Did this news really need to be so last minute? I hope the suspension is now lifted quickly..
Siddy, I think they will go back up.
Siddy always dyor!
Jak is guessing, but could be correct.
gfd thanks.
The delay of a few days means that the RNS about the nomad could be released before the deal is completed.
gfd what was your position before retiring? Do you know anyone who could help?
gfd the lady I spoke with said that HL will not be an intermediary.
A poster (davidspringbank) on ADVFN has said the following -
"THEwheeliedealer. You gave wrong information to your friend Pete in the podcast and an apology is required. Go back and give him the correct information because you have egg on your face. If you want to be taken seriously in this business carefully read the New Contract RNS before shouting you mouth off all over the airwaves. Read the New Contract RNS again. I quote:"Lamprell, through its site services business, has been selected by Sharjah National Oil Corporation (SNOC) to undertake a medium-sized* engineering, procurement, installation and commissioning contract (EPIC) associated with the Mahani gas and condensate field in Sharjah, United Arab Emirates." In the note to editors I further quote: (*Lamprell defines a medium-sized contract as between USD 6 million and USD 50 million)
I also refer you to: nasnas120 May '20 - 17:22 - 15769 of 15796
0 2 0
Contract between $5 to $50m
Which ranges between 30p-75p do the sums this is heading one way"
I don't know why my message has been posted twice!