The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I'll contact them as well after you have posted your email here with their email address. Naturally I won't use the same wording as yours.
Following on CeeD's post, you may already be aware but just to stress, the 29th is Good Friday, a bank holiday, and 2nd April is the first working day after Easter. This is incredibly underhand as many people go away and / or do not bother to look at emails or their investing accounts over bank holiday periods.
Me too.
You have put in a good deal of work on this Hounddog. Thank you. That's an excellent email.
'Since no announcement detailing the timetable has been made, I am wondering if A J Bell has jumped the gun? The message expresses an expectation only; not a certainty.'
Possibly, but that does not explain why HL has removed people's votes and put up the statement 'No instruction given'. in investors' accounts.
I have flagged that very point with the Court. Stockopedia records c.11.73% held at ii and a further 6.82% of Shanta shares at HL.
Why are they saying 'take no action' when we are clearly being asked to vote again?
I've asked my family members to also email the Court. We've all voted against, again. It's really underhand behaviour.
Interesting. Interactive Investor is stating the deadline is a day later. I'll vote today to be on the safe side. I've also written to the Court.
I've received the same message on Interactive Investor. The only information is 'Court Mandated Meeting', voting is due by the 22nd and the information is on the company site. If the rule is to still to count votes on the percentage who bother to vote, then we need to vote again.
I invest on the basis of a company's fundamentals but am also interested in the technical action of its share price. Interesting to note that the current price is bumping previous resistance last seen in April 2023 and prior to that October 2021. Once through 13.751 there's little resistance until 17.235p, then a penny more, and then just under 20p. The institutions will have run a slide rule over the valuation and looked left on the chart.
I don't doubt that the institutions may well know what's going on but the point is the company has requirements by virtue of being listed. There's nothing to stop them updating the market and therefore all investors.
I've sent an email to the company via its 'info@' address, copying in the Guernsey Court pointing out the 13.60-13.65p spread and asking whether the required threshold has failed to to be met and asking when the annual results will be announced. I acknowledged that the company cannot reply to individual shareholders and that I looked forward to transparency via an RNS or other market release.
It will be binned by the company no doubt but it will let them know that PIs are not fools.
'interesting to see if it does go above 13.5p to buy during the coming week' It did on Friday and has crept a little higher this morning. The ask is now 13.649 on IG Index and 13.6p on Interactive Investors. No doubt it's possible to buy inside that but it's a good sign to the board and the Patels that they need to reconsider their options.
Have they adjourned it more than once?
The Ask has just popped through and is 13.547.... perhaps things are beginning to happen.
Thanks.
Quick question: I've recently taken a subscription to Stockopedia which shows that under Director Dealings Eric had a 'Buy' on Feb 6 of 1,885,770 shares (1.3%) at 0p and £0.
Can someone explain what this means? Does it imply that he was given more shares at zero cost?
If you don't mind my saying, that's an odd thing to say and unnecessary. You may believe the takeover is assured but the fact that the share price is hovering around the 13p mark shows that the market is undecided.