Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I just feel all shared out with Woodbois. I'm going to take it off my Google Finance sharelist, so I don't keep looking longly for it to upturn. Maybe in 20 years time, we'll all be as rich as ****, but then I'll be too old to enjoy it - ho hum....
Well this is looking much better. Is it time to wave happily goodbye to all the doom and gloomers who have posted on here? In it for the long haul obvs, but hey Rome wasn't.....
Capital Reorganisation
Notes Woodbois Ltd has announced details of a capital reorganisation, which means there is a proposed significant change to a company or groups structure.
Under the terms of the capital reorganisation, your shares will be split into 1 new ordinary share of GBP0.0001 and 1 deferred share of GBP0.0099, in exchange for each existing ordinary share of GBP0.01.
Please note, there will be no new shares credited to your account, existing ordinary shares will remain valid and the deferred shares will have very limited rights and will be effectively valueless, as such these deferred shares will not be credited to your account.
The capital reorganisation is subject to shareholder approval at a general meeting to be held 16 June 2023.
To view the announcement in full, please copy and paste the following link into your web browser:
https://www.staging9.woodbois.com/wp-content/uploads/WBI-Notice-of-General-Meeting-16-June-2023-Circular.pdf
The purpose of the capital reorganisation is to effect a nominal value change, the new nominal value of the shares is expected to become effective from 19 June 2023.
Please copy and paste the below FAQ link into your web browser for more information on corporate actions:
https://www.ajbell.co.uk/sites/ajbell.co.uk/files/AJB_Corporate_action_FAQs.pdf
IMPORTANT NOTE - If you have any questions or queries regarding this event, please send us a secure message and ensure you quote the following in the Subject field: CORPORATE ACTION - Woodbois Ltd - 9785268
Updated: 05/06/23
Thank heavens for your well written, well thought out posts .
I like to look at Woodbois as negative equity at the moment and probably for a couple of years yet. I'm in for the long haul. If I lose my investment - lesson learned - 'bet/invest' on what you can afford to lose is the best advice good posters give on this board, and one which I follow.
@User-Name - superbly summed up - thank you. I don't think it will sink - long haul for me following buying at 5p :-( I don't have much choice really.
...or don't panic?
Thanks Brad. Feel even worse now! Ah well...
I'm beginning to feel a bit despondent about the persistent low share price. Have I follied at 5p and 7p - shall I cut and run or hang on?
I find the Motley Fool advice posts really irritating. Or may be I'm just irritated at the 3p share price of Woodbois! "/
Somehow, I always feel better when dactions posts! :-)
Your imo, but why? It's been uin the doldrums for quite a while now?
Oh dactions - I wish! Woodbois are my little folly I think! They are my most disappointing purchase so far into my Share Dealing hobby. I won't give up on them though: long term, long haul, patience, hang on in there, yes, these are now my daily mantras!
oh pants ... should have read my post before sending.
Patience is definitely virture re Woodbois... just sayin'. LovelyLeeds is a Bear x
Looking good and very positive. Just need the SP to react well!
Thank you Dactions. Uplifting and positive post. I am sufficiently swayed to confirm that, I too, will be a LTH.
Pre-ramp I had beginner's luck and a bit of research thrown in, then the ramp derailed me - pah! Onward ho my fellow wannabee lumberjacks. :-)
Thanks for such a well thought out post Velo. I was one of the twerps who fell for that article, having bought some prior. So I sold and made £500, read the article, and re-bought at 0.075p. Lesson well and trully learned, and I am turning that in to a positive. DO YOUR OWN RESEARCH! I'm down -£1800 - but as my son keeps saying, take the long term view and stop looking at the share price so much!
Thank you Jonah and Velo. Time for a highly chilled cream soda with dry white wine - lovely in this weather. :-)
Well fed up of seeing that! Why is it dipping so badly the last few weeks - anyone know?
Jay1987: I'm willing the share price to go up. All this good news and it drops! I don't get it. :-(