Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"Couldn’t a 10p divi rerate the share price to £1 ..."
No, 'cos who would wait for the dividend payment? If you had 100k shares and the SP went up £1 on news of a 10p dividend, well, you'd just sell your shares at £1 and get £100k ?
SP would go to current SP + dividend payment (roughly) - assuming it was a one off dividend and not an asset sale.
More complicated here as we don't know how much we're selling and how much we're keeping
Hey Mac,
That was my thinking, but the latest RNS reads as though when the Rosgeo JV was announced, it was a game changer for the negotiations. Why do you think this would be the case if it is not the intention of the buyer(s) to take these JV assets (especially the 4 adjacent to MT), too ?
Cheers
I can't help but feel there is a level of expectation now amongst some 'investors' for their money to go up by 25, 50, 100% in a day/week. This probably isn't helped by the insane gains people have seen in the Crypto sector over the past few months.
It isn't a true representation of the market and simply isn't sustainable.
The get-rich-quick brigade will be in for a shock when we see the next bear market.
It is important to research, position yourself early and trust the fundamentals.
"I own a business too it’s been for sale for 2 years , I have had interest, shown my books , but no binding offers as yet"
And I'm going to go out on a limb and assume your business doesn't involve several million ounces of PGMs ? But you're calling EUA out for not getting a deal done yet..?
Seems to be fairly persistent seller(s) around today.
Over £130k worth of sells so far
Not sure why you'd sell at this stage of the game but each to their own..!
CTC, that's where my mind was heading last night and I started typing a post to that effect.
But, then I re-read the RNS and the paragraph starting "However, ...." which really suggests that when the Rosgeo JV was anounced, interest & offers for the asset(s) really moved up a gear. This suggests that the credible party's proposal (to which the BoD are pursuing) would include the Rosgeo asset(s).
But who knows!
Hi Jambo, thanks for that.
So, is it possible an RNS could state the Dividend date being the same date as said RNS is released? I.e, anybody who isn't holding shares will miss out. Or is it more likely that they will list a date at some point in the future?
Cheers
It's a really good question. Unfortunately, details are few and far between at the moment.
It really depends what assets end up being sold and what will remain. Hopefully, we'll be made aware of that sooner rather than later and each shareholder will be able to make an informed decision based on their own personal circumstances.
In an ideal world (for me) there will be a special dividend payable to shareholders who hold shares in EUA at close of play on X date. The remaining shares will then be held for future exploration/mining developments. Of course, what the value of said shares will be depends on what is sold.
I can't see why the share would need to be suspended so long as this process is handled properly by all parties involved
The absolute shlaaaaaags.
4D Pharma trades on AIM under the ticker DDDD and on NASDAQ under LBPS.
You may hold either or both. If you currently hold DDDD shares and wish to convert them to LBPS, then reference RNS dated 7th April 2021 but this is not mandatory