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https://en.wikipedia.org/wiki/Johnson_Matthey_Battery_Systems
Scumbags like to steal your shares without warning. Always skim a little profit off the top
That sounds almost fair.
I had shares in Axeon Holdings who produced lithium based batteries for the emerging (at that time) EV market. Shares soared on a big deal and then pre-packed administration because they couldn't secure finance from their existing bank, despite a rosy outlook and revenue streams. Shareholders got nothing, company continued to exist privately
Anonymous is going to get this suspended whilst a case for insider trading is investigated. His information is changing nothing but his insistance on blabbing about it might
mj_analyst
That's a rather naive way of looking at it, sorry. RY and the board of directors would ensure they took roles within the new organisation or more worryingly would seek to gain a big payout, perhaps by shafting the small insignificant private investor
An awful lot returned in dividends since then, with SP doubled.
Not too sure you have a reputation after one post!
Blue 1234
I sold 40% of my holidng at 3.79p as I couldn't decide one way or another. It nice to have cemented some more profit out of this
Haha, averaging down from 40p to be in profit at 3.5p is some feat
...if you're stake grew with company dilution. Having held here since goodness knows when it just seems so harsh to have your holding diluted.
What made me think of it was reading that report from the year after the IPO. Share price was 33p, something like £27m was raised.
That 33p is pretty worthless now through dilution, why would you invest at that stage with the time frame of drilling, reporting and a further need to raise money? If your percentage stake remained then I'd understand it. It's barmy
TD2. So including cash from a sale of the asset, so £108m would be returned to investors
If the share reached £1 on the 2015 share issue then that equates to approx 28p based on dilution since that date doesn't it?
Geng, you did better than me! I had a voice in my ear who assured me it was going north of 70p so I held tight
Actually, just looked at the charts and SP was above 30p for about 5 days. Should've sold ffs ??
The 40p quote is a bit of a misnomer. It briefly touched it but realistically the best price achievable on that day was 22-26p. Still a way higher than now of course
Ary82
I think I was the same about 10 years ago. Bought and sold multiple times at 20/30% gain but idiotically didn't sell on the big rise and have watched the pitiful drop ever since. I have a decent holding though and traded enough that they are essentially 'free shares'.
I think I'd willingly sell at 7p bearing in mind where we have been. Cutting losses from 7p down to 1p will feel like a win for you surely after all this time, no?
RY has done nothing wrong
Once the asset has been sold this has an MCAP (excluding the cash from the sale) of approximately nothing
Sounds like you'd break even IF it goes for £100m but the consensus is that that vastly undervalued the company. If a more realistic offer pops up then you'd start to be in the black
3.8p won't feel like a premium next week
Share price movement has been confirmed in an RNS which values the company at around 7p a share. Doesn't need ramping, there's a premium on current SP to be made in the short term