Member Info for Mando_

We just saw a nice double bounce off the 1460 line and are currently slowly creeping up with the US market open as a write. I bought some more around 1468 and am expecting (hoping for) slow growth now towards the 9th September. But I'm also prepared that the price could drop further with the uncertainty around Jackson Hole so if we see more declines I'll gradually buy more as the price declines as I'm bullish on miners still due to market shortages of metals. The Poly CEO on Bloomberg this morning said he expected Gold pricing to remain stable over 2021 at the current pricing but for silver to increase to $30. With Poly's fast-tracking of new projects I feel Poly is still a great long term play

Bloomberg (I watch on youtube live) just announced they will be interviewing Poly's CEO shortly on the show

Hi, Having read (some of) the results and noting the move (if approved) off the LSE to consolidate on the ASX, if I understand correctly with the current exchange rate and a 1:1 share swap from LSE to ASX, the price of the PLC shares offered should be around 2720p which would be great news for investors at the current price of 2421p as I write. I'm just a personal investor so if anyone has more information or insight on this could they please share.

"Unification process and timing
Unification is subject to final Board approval, third party consents, regulatory, shareholder and court approvals.
Unification would involve Limited acquiring the shares of Plc and would be implemented by way of an English scheme of arrangement. Unification will require the approval of Plc and Limited shareholders voting separately and UK court approval. If unification is implemented, eligible Plc shareholders would be entitled to receive one Limited share for each Plc share they own. Following unification, both Limited and Plc shareholders would have the equivalent voting and economic interests in BHP as exist under the current DLC structure.
It is expected that a unified BHP would have its primary listing on the ASX, a standard listing on the LSE, a secondary listing on the JSE, and a sponsored Level II ADR program on the NYSE. A unified BHP would retain inclusion in the S&P/ASX indices. We have started engagement with FTSE Russell and understand that, based on their existing indexation methodology, a unified BHP would not qualify for inclusion in the FTSE UK Index Series. BHP's corporate and operational presence in Australia, the UK and other key locations are expected to remain unchanged. Following unification, BHP will retain its ongoing commitment to high corporate governance standards. The Board also intends to continue its practice of holding annual director elections.
If approved, unification is expected to occur in the first half of the 2022 calendar year, with the proposed Petroleum merger with Woodside to follow. Further information about the proposed unification of BHP's DLC structure will be provided in due course."

@BOTAK
I'm with ii.co.uk (Interactive Investor). I've had to complete the W-8BEN form. On PC, click your account at the top of the screen and there's a "useful forms" link. Go into your forms and there's a "New Form" button.

I've not got to the stage of collecting US divs yet so this will be the first time for me, but my W-8BEN form shows as "Live" in the "My Forms" tab so I'm assuming II will have processed the form correctly.
ATB

Not sure if your comment was just a joke or not, but in case it's not, this is the first result on google searching "ex-dividend date".

"The ex-dividend date of a stock is the day on which the stock begins trading without the subsequent dividend value. Investors who purchased the stock before the ex-dividend date are entitled to the next dividend payment while those who purchased the stock on the ex-dividend date, or after, are not."

So simply put, no, you won't qualify for the coming dividend on any volume bought tomorrow or thereafter.

All the best with your investing :-)

Same. Also Poly & HSX for me. IAG doesn't get Duty but there's a smaller EU charge I think (but I'm also trading IAG).

I'm not worried. I just bought more in that 11:57 dip

Interesting. It showed up in the share trades tracker on this page, but I just looked again and it's disappeared. I think likely a data reporting error or something.

I think someone messed up. That's gonna cost them... I messed up in a similar week last week and as soon as I pressed sell I knew I typed the wrong price. I went all hot and felt sick for a minute until InteractiveInvester ii.co.uk showed it sold at best price... It shows in the trades tab on this site it was an ordinary sell and not an automated sell...?

I just posted the same. Typo???

Anyone know what just happened with the SP. TradingView just showed a order at 69p with a volume of about 100k. I'm wondering if someone just really messed up on their sell order and put in price of 69p instead of 96p... The massive candle has really messed up my TradingView chart though

I guess its always good to see a finance director buying shares in his own company(?)

11th August 2021 Diversified Energy Company PLC
PDMR Shareholdings
Diversified Energy Company PLC (LSE: DEC) announces that on 06 August 2021, Eric Williams, Executive Vice President and Chief Financial Officer, acquired 15,000 ordinary shares of 1p each in the Company ("Ordinary Shares") through the market at an average price of 102.40 pence per Ordinary Share. Following this purchase, Mr. Williams is now interested in 189,232 Ordinary Shares, which represents approximately 0.022% of the Company's issued share capital.

I sold out just after dividend pay out at a small loss having been massively overly invested for about a month prior and kept buying to average down. It was worrying time for my private personal pension investments. I'm holding 0.4% of my portfolio in CMCX at the moment, but I'm thinking I'll start buying in again around £4.00. Sorry to be a little bearish (today). I agree its got great PE, profitability, dividend, which is what dragged me all-in previously, but it doesn't get the love from Brokers like HL does and the trading volume and volatility (outside of private deals) is just too low for me to trade my way out of issues. So I need to wait for a bigger dip.
Good luck though. I do agree CMC is a great long trade investment

Anecdotally, I saw the CEO of Rio Tinto mention last week on Bloomberg that China was massively short of gold for industry and electronics production.

@Chitty Many governments around the world are talking about infrastructure plans to boost their economies, so I agree this will have an impact on demand for sure.
I've been buying today so fingers crossed for an upwards rotation next week in the miners when the next US inflation data is released and the market news story goes back to "transitory" inflation likely being longer term again

OK, thanks for your ideas. I'll research further. I'm only down 1% with yesterday's fall so I'll consider getting out. I saw a couple of days ago Barclays cut RIO to 6000 from 6150 so I was already thinking there may be further drops. I'm not yet convinced having seen a couple of miner CEO interviews recently and talk about continued global material shortages and an expectation of higher pricing continuing for some time

Hi Darlonil, makes sense. The last two dividends saw about a double div drop in the SP. Are you including the special dividend in your drop number also or just standard in this scenario? What do you see peak SP in the run up?
Cheers

Happy days all :-)

I bought more into Rio yesterday and other tanking miners. Hoping for a rebound after the the US jobs report or maybe next week after fud from the inflation report and fud over a major impact on the chinese economy over delta (which I'm not buying into at the moment - Bloomberg yesterday said only 500 cases have sparked their latest regional restrictions and they properly test and contain).
The dividend and special dividend value only keeps improving so my plan is to average down all the way as I'm heavier cash at the moment. I'm just a private personal investor for my retirement with little experience so if anyone has other advice I'm all ears.
Good luck all
Cheers

Thanks vistaman. I'm watching the webinar tonight. I got out last week but likely getting back in again soon for the dividends.

I also wish I knew that answer. My thoughts though for what its worth
All miners have been destroyed today. RIo Tinto down 4% currently (was 5% earlier), BHP down 3.9%. CEY, HOX also dreadful.
I'm assuming its about fear of if China gets locked down again it would hit the world economy, but from what I've seen this may be the market manipulation "out" from the major banks. Bloomberg was constantly pushing the China Delta fear story this morning, but China have actually only had 500 delta cases (also very quietly mentioned in a Bloomberg interview this morning). US jobs report tomorrow another reason for selling off material if the economic recovery isn't as fast as anticipated.
Another issue may be "DZ BANK RAISES ANGLO AMERICAN FAIR VALUE TO 2200 (2012) PENCE - 'SELL'" announcement today, but I don't think that's an impact TBH

I've personally been buying this dip in a number of miners (just for my personal pension account). Hoping for a strong bounce tomorrow / next week.

RIO dropped 5% and have a 6.5% ex-dividend next week. Similar to AAL. Makes no sense to me other than to buy daily dips (fingers crossed)

ATB