Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
How are these extensions good for UK shareholders? Does anyone see any last minute hope for UK shareholders? Will the UK courts just rubber stamp the usa ch 11 processs or do we have a fighting chance here ?
The new changes are welcomed!
Old BOD:
- Did not want to do dividends that often
- Did a tender offer?? Come on... we did not get any noticeable value???
- Proposed odd mergers
**had they released more dividends to shareholders (returned excess cash) they would still have their jobs today.
New BOD:
- issued clear statement that any excess capital will be returned to shareholders!
- Special Div, Q4 Div, 25 mil. stock buy back
They are leaning up operations and trying to get shareholders good will. I think
they will sell the company / merge in near future. They just need shareholders
on their side. I called it here first!
In the uk, the fca requires 75% shareholders vote in order to delist shares. does anyone know how the US ruling will impact uk shareholders? does uk law provide (any) or more protection for shareholders?
Lets be clear with the new deal..... the new co will be profitable.... why cant uk shareholders be a part of it.... or get a hertz style payout ? need to research uk law.....
the dividend will be 1.15 per share..... 52.4% return / dividend impact.
let me be very clear......
1. sweat deal
2. your original value will fall by the div amount... and you must
wait to reach the break even point...
Last time it took me one year. *** but at least Q4 another div will be issued.
why did the stock drop from 240's to 217? what did i miss?
Guys i have been through this with cine last time. the events will unfold:
1. ex dividend date comes
2. stock you own will decrease by the total amount of dividend value you receive.
3. you get paid the dividend on stated date.
4. waiting game for stock to rebound to your breaking point
just like last time they will do a buy back ...which in theory should make the stock price increase
They also will do a fancy accounting trick called consolidation, to manipulate the price
of the stock so the dividend amount doesnt make the stock drop to much.
Different this time around.....
- Q4 they will give another dividend
- new management
Good to see that we got rid of the old management, they did not believe in
giving dividends frequently and the tinder was just a stupid idea.
The BOD is still pushing forward with this BS plan to screw shareholders, as the
E4D swap wont make the creditors whole, thus no money for shareholders.
Something has to be done to stop this! Any ideas out there ?
Hey ! The ADM is tomorrow. I hope to see you guys there. Please make your voice heard and advocate for some kind of shareholder equity or remedy. Its not over until the "fat lady sings"
Gents... she has not sang yet..... We need an eleventh hour miracle.... to turn this around.
lets make this the next meme stock!!!! everyone buy now!!!!
lets get our meme on !!!!
can you post the website link?
Not sure why this is good news and is making the stock rise????
https://uk.finance.yahoo.com/news/uks-cineworld-scraps-planned-sale-062121826.html
why is the stock rising?
According to the law in order to delist shares from the london stock exchange below.
Does this mean there is any hope for shareholders to recoup any losses ?
The main requirement to delist a company from the LSE's main market is that a special resolution requiring a 75% majority must be passed by shareholders approving the cancellation of the admission of the company's shares
Sir, I cannot answer your question, but your eluding to a similar Hertz deal / outcome.
I am hoping for this.
Can you provide the link?
When will CINE delist the london shares and take bankruptsy actions in the UK?
They mentioned that the shares will not be suspended ?
To register to attend the upcoming April 20th meeting, CINE has provided a customer service 3rd party, but they only will register you, if you bought CINE shares directly from cineworld. If you bought CINE shares through a broker, you must contact them...(in this case you will not have an IVC).
What are your brokers providing as proof of being a shareholder to attend the meeting? I was assured that CINE shares bought through a broker give you the same rights as shareholders who bought directly from cineworld.
I am also in to deep. Your not alone. Makes no sense to sell at this point. Hoping for a last minute change in circumstances. April 20th will be interesting, and so would be a massive law suite.
Can you "high level" this for us? Is there any legal standing or justification to pursue the law suite? This is a yes or no kind of thing.... I hope they did not tell you, it depends... (the standard double lawyer talk)....
AMC - Stockholders brought suit in the Delaware Court of Chancery on February 20 against AMC and its board of directors, seeking a restraining order to block amendments to the company’s charter
There is hope.... Hey Wolf......dont choke on the relevant AMC update. CINE is up next for a pimp smack!! CLASS ACTION LAW SUITE !!!!!!!!!!!!!!