Member Info for MontyUK

If it helps.... Halifax has confirmed to me they can receive, but not trade the shares. They can hold until I authorise a transfer to a broker who can trade. Likewise, IG has confirmed it will receive the shares and can trade. A CREST will sort the transfer. Halifax won't charge for the CREST, so only real loss will be exchange rate. I believe the CREST will recognise the ISA status as well. Please DYOR, but this is my understanding.

Indeed, I stand corrected. The sooner others wake up to this the better.... I’ve been here five years and got a decent holding at a decent price, but this keeps hitting resistance... we are primed to breakout though, so a little movement would be great!

It doesn’t tell us anything we didn’t already know, but good to see we maintain on track. With new investors here to whom this maybe news, it would be nice to see this impact the share price!

Quoted 0.48 for �30k. 0.375 for �10k, so stock could rise significantly on a few more buys.

Is it possible with the low spread that’s a 40M sell and 40M buy?

You’re right... it was the TR1’s I was expecting...

Any idea if he is still involved in any capacity and still a shareholder? He seems to have slipped out of sight, or am I missing important information?

Surely the in specie transfer value would be seen as an opening balance, and therefore tax would be paid on capital gains beyond that number, not between that number and zero?

DR sounds well upbeat... looks like an excellent ongoing build and busy year ahead!

What’s the significance of the after hours trade pattern.... any ideas?

Regarding the ASX share point. I checked with Halifax, and whilst they won’t trade, they will indeed receive. Once transferred to them, they will then hold until I wish to transfer to a broker who can trade. It maybe well understood by those here, but this would at least allow plenty of time to find someone who would trade them from the UK.

To extend the logic... if he grants the licence, and then is subsequently overthrown, would it still be constitutionally binding, and even if it was, honoured? In short, nothing is certain. It is however of real benefit to the country, and economy, so you would have hoped that common sense prevails in any circumstance.

I don't believe your KRS shares would exist at that point. My understanding is they would convert to CAI at in specie value, and then be given back to you. If KRS is worth more at that point, DR wouldn't do it, and you would keep KRS. I might be wrong, so would be interested in confirmation from someone better than myself.

My gut feel is that if you take CAI MCAP at AUS$51M, and apply the KRS interest of 35.8%, then convert back to GBP, you have a KRS MCAP of around £10.5M. The really disappointing thing is that we have added around £5.5M book value to KRS in the last 24 hours, and nothing like that in MCAP. No forward earnings multiplier at all applied. It would appear all investors are seeing is the in specie value, and no other. Even if you took this share at face value, and it shouldn't be, it is worth over 0.5p, so yes, disappointing indeed.

Doesn’t this work against us if they are under valued, I.e. not at par. If there is still an arbitrage at the point of issue, then it could leave us well short? Am I missing something?

Friday 4th August seems to be last one? Nothing today, or for a month I can find?

What RNS?

Let's not lose sight. New BOD with good track history, small float, low MCAP, Chinese on board. Bottom line is it won't take much to push this up fast. Those in four years ago won't see their money again, but 5x rise from here isn't beyond reasonable... no doubt last RNS wasn't great though. Support around 0.9, and seems to have bounced off it?

It just looked pretty on a graph...

Are you using an L2 console to determine the shares?