Member Info for mathsprof

If the recectly cashed-in warrants don't have a short expiry date, then there is only one reason to cash in warrants - to sell the new shares!

So maybe another 250k sell is coming when the price is right!

Looks very much like a sell, given the imbalance yesterday of buys over sells. Good that the SP has maintained its level today. There's still buying interest around.

Strange, isn't it how some brokers seem to make things difficult when others get it right, and quickly. My UK shares appeared in my account as US shares yesterday morning, and I suspiciuosly tested whether I could sell them, and Yes was quoted a price of £19.93, with a dollar conversion cost etc.

AJBell has got it right.

And mine have appeared with AJBell, too.

Have you completed a W8-BEN form?

Sorry, no RNS's. (It's ADVFN thst does them.)

Here it is. It's useful too for RNS's - or their equivalent in the US

https://www.lse.co.uk/ShareChat.html?ShareTicker=CCL.US&share=Carnival-Corp

Welcome to all new holders of the US stock (when you actually get them in your account!)

I've had no message from AJBell as to when I might expct to see new US shares in my account.

I held another share a few years back that also transferred a listing to the US. After a while the LSE board disappeared. I expect this will happen here too.

I've just checked the US board, and it is empty at present, so it would be easy to just start posting there instead.

My guess is that all the warrants have already been sold. Notice the sale at 09:46:41 of 279,040.

Compare with RNS at 10:01 telling us 1,404,040 warrants exercised.

My hypothesis is that the 279,040 was the last batch to be sold, and then the RNS was issued 15 minutes later. It makes sense to sell them all before you trash the SP with the RNS. So perhaps the late recovery is simply that the selling pressure has gone - for the moment.

Yes, Mcap in Aug 21 peaked at £308m when the sp was 457.5p

So an SP of about half that would give the same Mcap. 230p is a possibility . . .

And there were 2 separate fundraises with warrants, at 20p and 22.5p. All these warrants will now be 12.5p .... I think

LSBM - Do note though the following:

In the event that the Company completes a future equity fundraise while the warrants remain exercisable at a price lower than 20p per new Ordinary Share, the exercise price of the unexercised Subscription Warrants will be automatically rebased to an exercise price equivalent to such lower issue price.

So the October 2024 warrants can now be exercised at 12.5p.....I think

It's probably a good thing it's not available. They would charge you 20p to buy and 18p to sell - trades mostly seem to occur at quoted figures. All right for stocks with a small spread, but for AIM spreads like Sar (10%) a standard broker is much better.

Well a lot of nothing as far as the SP is concerned. We're about back to where we were at 8am.

I really was expecting a large movement one way or the other, and then a retrace next week. However, the results are better than predicted and some day we might get a dividend.

My concern here is the $27b debt still outstanding. That's just under the current MCap, which is a worry.

Market is looking nervous. I'm ready to buy more at 1350p

But what results are we expecting?

EPS 0.02 and revenue 5 74b.

Tops EPS 0.04 and revenue 5.83b.

We'll see soon.

I'm expecting results at 1315 GMT

Well we can see now drop occurred after 200k sell. So 100k etc are buys. Incidentally US opened at 1330 today

Did US open at 1330 today? Have they put their clocks forward?