Member Info for matthewevans32

Shaa.

I was very lucky in my previous job to travel extensively around the World and I have to say the most over rated, underwhelming city was Vegas. Stayed in Trump Towers and the city was nothing byt bright lights and 3 days was enough to do the lot. If you do go, visit the Hoover Dam but if I can recommend one place it's Hangzhou in China. About 80 miles inland from Shanghai (which was also amazing). There is soooo much utter c4ap written about China and whilst Beijing was a bit intimidating, China as a whole was massively eye opening.

The guy read the RNS and came to his conclusion. Now the company's current status is being 'cancelled in 20 days' in the words of the RNS which is wording the gentleman referred to. Hence eventhough the company exits, the shares aren't traded on the LSE and it needs to reapply to the LSE under it's new guise to trade. The share holding records are retained and are redistributed accordingly in a new pi trading account.
He only read the single RNS though and didn't have the exact details.
I'm not trying to pee anyone off here as I will suffer as much as the next man and I hope the guy has got it wrong.

Tandmeister.

I can only tell you what he told me.
When I sopke them yesterday the gentleman said it would remain in the isa but that was only if it was a suspension and not a relist. Today the guy said it's a relist when trading again hence it must go into a trading account. I hope your advice is correct and HL wrong but that's what the man said.

I contacted Hargreaves again this morning for a second opinion regarding whether or not an isa is acceptable to hold the new shares when trading recommences. The guy I spoke to was quite adamant that it won't be and a trading account will be required (£1 fee). The paperwork will be automatically sent by the broker in advance to the isa holder and tax will need to be paid on the gain which I think is 10% depending on other incomes as it is classed as a capital gain. Pain in the back side but I sincerely hope to have to pay a massive chunk in tax as it means the gain will be substantial!!
Hope this helps the lesser experienced holders like myself.

Congratulations all.

Thank you. It's stressful enough holding these effing shares without this added worry!!

Sorry holders* and Hargreaves lansdown

For ISA hoders.

I rang HR to question the arrangements regarding holding the stock in my isa during the suspension period. They said no problem and once the share becomes live it will simply reappear in said isa.

BUT I didn't ask about the 2nd RNS about 'cancellation of listing' and this is where I'm confused (and I won't be the only one).
Is the company effectively being delisted then relisted whenever that may be as then I think the isa holders would need a traders account?

The terms of the Facility are market competitive and availability of the Facility remains subject to execution of final definitive loan documentation and satisfaction of customary conditions precedent.

Did there need to be a RNS stating that the loan us final and complete. This RNS from Feb does not say that more that it still requires 'final definitive loan documentation'. Surely a RNS to confirm this has taken place should have been issued?

It does make me think that some optimism is in reality dreaming. Is this the actions of a share that is about to transform by 3x? Why is any shareholder selling? It makes no sense whatsoever. Some have said it's the business model of the seller. What to sell out the day before the deal is meant to complete and we're all rich? I will wait until about 3pm and if there's no positive movement I'm out at a 20% profit.

All buys I take it?

Managed to top up at .345. Happy enough and not too much damage done.

So money raised for no other purpose than working capital. I thought we had about $20m for that through the previous loan?

I understand what a share dilution is and the fact they want to raise £13m asap. I also know that it would very bloody helpful if we knew what it was for, however it is obviously good news that we will deffo own 100% of Atomic. Is it inevitable that short term the sp will drop but current shareholders will be able to purchase these new shares at a cheaper price upon release? And secondly who dictates what the value of the new shares will be?

Thanks Ironhide.

Part of the Atomic deal is 4% shares @ average of share price of previous 5 days trading on completion. Is it possible for all parties concerned to intentionally keep the SP low for the benefit of that person so if/when deal is signed off and share price inevitably rises, the beneficiary has a far bigger profit? To a total layman like myself it sounds like market manipulation if that is correct. Surely then though it makes sense for the deal announcement to be on a Monday morning?

Me and you both. When I read the loss I s**t myself but very happy and surprised.

I've just informed the missus that I bought just under £3k worth of COPL shares at an average of 0.26. She is only slightly less clueless about shares than me but I'm getting the feeling that we might do ok with after HSBC's investment!!! Really excited but no matter what I plan on holding for at least 2 years. Good luck all as it's obvious many of you have life changing amounts coming your way if this really explodes. If it went to 1p I would be ecstatic.

I think I may have got lucky as I was able to top up @ £20.18. Very confident going forward and certainly not panicking.

??