Member Info for mentasm

No mentasm, it is juvenile and a sign of mysogynism. Just this week a report warned that misogynism leads to extremism (think Andrew Tate). You may not like Rachel Reeves or her policies but plenty didn't like George Osbourne, Rishi Sunak, Kwasi Kwarteng. They were not belittled because of their gender as you are doing.

This is the way the left operate. Denounce and accuse , and ignore the blatant wrongs of lying on your CV.

I don't care if the liar is a man or a woman or in between.

The "boring old Rachel from accounts jibe" is an expression of the complete contempt felt by the majority for the current so-called Chancellor. A complete fraud.

This is still at a 40% discount to NAV, the same as before the fund raise.

Dividend is 6.5% for a couple of qtrs , and then should be 10%.

Even after taking up all entitlement shares, the dividend in total is still halved , for some reason.

If NAV is 25.9p , the shares could trade at

30% discount to NAV = ~ 18p

"Post open offer: (7/22) * (61 + 0.95 * 150/22) = 21.5p"

How does this work , when £110 million raised ?

"Currently 4.8p per share to 0.88 per share ( pre consolidation). As there will be three times the shares this is a cut of about 50%."

Why is there this 50% reduction in yield ? Is it temporary ?

NAV is net asset value. The bond must be part of the liabilities.

If the new NAV is going to be around 24p , but RGL is on a sounder footing , then a 30% discount to NAV would give a share price of around 16p. Which is where we are.

I would hope that the discount narrows over the longer term and there will be a 6%-7% yield.

How do you get to a NAV of 240p after consolidation ?

All of my calculations below are per quarter.

So the yield going forward is about 25% of what it was, as far as I can see.

The dividend was 1.2p per share.

1000 shares = £12.00

If you stump up the full amount for your entitlement , you get 15/7 * 1000 + 1000 = 3142 in total

10 for 1 consolidation = 314 shares

Div is 2,2p for after consolidation = 314 * 2.2p = £6.90

So yield is about halved, after stumping up double.

No, I got 1.2p per share.

Market Cap. £154.72m

If Real net asset value £300m , share price is 50% of net assets.

What a ridiculous thing to say. Are you sure you understand the stock market ??

The 5p returned is on an asset which was ascribed no value.
How much real value is in the assets ?

Someone who is not innumerate.

it is clear that ROCKLAWN's only qualification is in bull. Best ignored.

Continuation vote next week.

The fair NAV value is around 50p.