Member Info for Paul2566

LTI
I respectfully submit that if you held on the 11th you will appear on the register on the 13th as it takes 2 business days to update the register, hence the XD date is the no mans land between the two.
The B shares are the same as a dividend in respect of registration.

hitman1a
I agree the record date is indeed the 13th May, however when buying or selling stock an investor doesn't instantly get listed and delisted from the register.
The ex-dividend date is the first business day before the record date, or to put it another way if you buy stock on the XD date you are not eligible for the next dividend, or in this case B shares. If you sell the stock on the XD date you will be eligible for the dividend (B shares).
To be eligible for a dividend or in this case B shares an investor must hold the stock at close of business on the day before the XD date. In the current case that was the 11th. If you sell the stock today (12th) you will get the B shares.

eurofox
I have been doing this a long time, I suggest a little more research before posting cutting remarks would be a little more civil.

LTI
Thank you for your response.
I am aware of the record date, however when buying or selling stock an investor doesn't instantly get listed and delisted from the register.
The ex-dividend date is the first business day before the record date, or to put it another way if you buy stock on the XD date you are not eligible for the next dividend, or in this case B shares. If you sell the stock on the XD date you will be eligible for the dividend (B shares).
To be eligible for a dividend or in this case B shares an investor must hold the stock at close of business on the day before the XD date. In the current case that was the 11th. If you sell the stock today (12th) you will get the B shares.

I'm expecting a drop tomorrow in line with the payout, but unsure it will happen like that.
Any comment.

He has a lot to choose from.

Its not unreasonable to expect an increase on the order books in response to recent political events, I suspect there will be more to come in all production areas.

LTI
Perhaps G59 just didn't phrase it correctly, and meant less value as oposed to smaller.
I see it like this and please correct me if you hold a different view.
If an investor held 1% of AV. stock before the share consolidation, they will still hold 1% of Av. stock after the share consolidation.
The company will still be the same size, with fewer shares in circulation.
The company will have less value, in exactly the same way that it has less value when dividends are issued. The company has value in assets which include its cash, when some of that cash is paid out, some of its value is lost until replenished by income.
Ideally we as investors shouldn't lose or gain from the share consolidation.
My personal view is that less shares in circulation will be a good thing over the longer term, depending on what they do with future dividends.
It may be that with fewer shares in circulation each share value is earning more profits, which could lead to slightly higher future dividends. The company is the same size, earning the same profits but fewer shares.
Or they keep dividends in line with current policy, and use the additional cash to increase company value, although I have no idea what that would look like or what form it would take.
I would be happy with either as a long term holder.

Odd drop today so far on the back of what at face value look like good results.

Its an exploration company that makes a loss, and like all mining exploration is high risk with many failures.
It will go up on positive news and down on negative or no news. It is purely driven on sentiment at the moment as are all stocks of this nature.
In 3 to 5 years we should know if its a winner or not.
In the meantime expect quite a lot of SP fluctuation, its the nature of the beast.

I think the reason lays elsewhere, have you seen the broader markets today.

Whatever you may think of Putin (personally I think he is despicable and should be held to account) he is no fool. Quite the opposite he is a master tactician in politics and political control. He is reliant on his military advisors for military tactics, and his methods have worked against him in this area as I believe it has caused his military advisors to be less than dependable.
Putin has planned this conflict for at least 8 years and most likly much longer.
He has done an outstanding job of controlling the media flow to the general population which has led to a majority support from that populace as a result.
There will not be a military coup, he has planned well to insulate himself from this. There is a web of security agents that over the years have been placed throughout the military. Any coup would require numerous seperate areas of the military to meet and plan the coup. This is too hazardous to those potential plotters as they could not know for sure who they could approach with any degree of certainty, and paranoia is a strong tool.
Its unlikly there will be a public uprising, the media machine has done too good a job, and uprisings in the modern world are rare and generally likly to be unsuccesful.
The 'Special Operation' is not a Putinism, its a recognised term limiting the resources available, where as 'war' would be a full mobilisation of resources.
Putin hasn't got a viable option of 'war' (at the moment), it would be difficult for him to control the information available to the general populace, and would very likley increase the risk of a coup which would likley gain support from the general populace. The inability to instigate a full mobilisation of resources is a major limiting factor on the conflict.
The other major issue for him is the level of corruption that has been allowed to continue at all levels, this is most obviously seen in the lack of maintenance of the military equipment, with funds being siphoned off instead of being properly allocated.
I don't doubt Putin has miscalculated the resistance from Ukraine and the degree of support from much of the world.
He is now where he is, the question I don't have any idea about is how he can extract himself and Russia from the situation.
Putin cannot end the conflict in isolation, the Ukraine has to agree to terms. He also cannot alow the conflict to continue for both economic and political reasons.
I cannot see that Putin can realistically take control of the whole of the Ukraine by military force, over a much longer timeframe he may be able to politically take control, but thats not going to help the current situation.
Putin could decide to draw up a new border and hold that territory with a security/policing force, but that would be expensive and do little to ease the sanctions, with probality that a limited conflict along the new borders would continue for many years. Economically I this this is unacceptable to not only Russian interests but the world in genera

It seems insurance stocks in general are taking a hit at the moment, I'm sure it will even out eventually.

Well i added another 277 shares today @ £23.85. I hold stock already which get the divi, but these will help on the next one.

Well my order got filled at 11.98p so I'm happy.
However I should have waited earlier as I couldn't resist and bought 10000 @ 12.15p, I honestly thought that was about the bottom.
Thats me done with ZNWD for now, I have 30000 @ an average of 12.36p, and thats all I intend to have here until it derisks a bit more.
I will probably miss out on a little more profit but I'd rather wait for now to increase my holding further.

I suppose anything is possible but I very much doubt it.

It looks like a shrewd move to me.
Takes any big dividend headlines out of the limelight, rewards long term holders going forward and strengthens the company.

bankboy
I think 12.5p is a good price and I was very tempted myself, but I'm being very picky with Lithium stocks. I just put a limit order on EMH @65p. Like the order I have on ZNWD, if it gets filled I'll be very happy, if not I will take a look at it again.
I hold ZNWD, ALL, BHL, CUSN, EMH, KOD, and RIO.
I only have pocket change in KOD as of the bunch I hold I view it as the least likly to survive, and would probably close that position with the first small profit I can take.
RIO isn't a pure play Lithium stock and I have a substantial holding in that stock which provides me with some worthwhile dividends, while having the potential for the FTSE 100 giant to become a worthwhile Lithium play. This stock I am unlikely to sell as I have a very good average price and its a bit of a cash cow for me.
The remaining Lithium stocks I hold is anyones guess, I'm hoping one will come good.
The trouble is that there isn't a shortage of lithium in the ground, its abundant. The problem is that there is a shortage of it being mined and bottlenecks in production to battery grade material.
Mining in general tends to be cyclical in its nature, at the moment demand is high and supply is low.
This leads to lots of mining/exploration companies being created and increased Lithium prices.
The increase in Lithium prices will allow many of these projects to be economically viable.
However as Lithium production increases and demand becomes satisfied, the price of Lithium will drop and some of the mines will no longer be viable and will fail. Demand will continue to grow and Lithium prices will rise again.
This will be over a longer timeframe of course, but its the nature of cyclical stocks.
My personal opinion is that the viability of ZNWD, and the other stocks I have mentioned is based on lower Lithium prices than those currently quoted, so they have the potential to stay the distance.
But as the saying goes 'There's many a slip 'twixt the cup and the lip', so I won't be betting the house on any of them.

bankboy
I very much doubt it, they may give incentives in tax breaks etc., but mining development is extreamly high risk and we have to accept that probably something like 75% of current Lithium mining development companies will fail.
I think ZNWD has a lot going for it and obviously I believe it will be in the 25% that either get aquired or go on to become a producer in their own right.
Location is its biggest advantage.
This is reflected in the SP as the market rarely provides a free lunch.
As viability becomes clearer the cost of buying this stock will increase to reflect the reduced risk.
I rarely get too invested in early stage loss making companies, which means I miss out on very occasional big gains, but I also rarely make losses.
In this instance I am only lightly invested but intend to make further small investments as risk diminishes.
i currently have a buy placed for 10000 shares at 12p, which should get filled sometime in the next 30 days, if not I will re-assess and may raise my limit price.
I don't expect it to fall back to 11.5p, but if it does I won't be surprised either, in fact I may even add more, but I'm only looking for another 20000 shares at the moment until something changes.
I hold 26 other stocks in various sectors, with about 5 of those being in Lithium mining/development/exploration, plus RIO if you count that. So with ZNWD I hold 6, of those I probably end up keeping 1 maybe 2 if I'm lucky, hopefully ZNWD will be a keeper.
I think this is a really exciting opportunity, but I'm not investing more than 1% of my portfolio value in this at the moment. Eventually I hope to raise that to around 5% if all goes well.

What are your views on the economic impact (if any) on the countries AAF operates in.
I'm specifically trying to assess the impact of cereals and other foodstuff aquired directly or indirectly from areas affected by the current conflict.
Russia and Ukraine are among the top five global exporters of barley, sunflowers, and maize, and account for about a third of the world’s wheat exports.
Nigeria, the world’s fourth largest wheat importer, receives a fourth of its imports from Russia and Ukraine.
Cameroon, Tanzania, Uganda, and Sudan source more than 40 percent of their wheat imports from Russia and Ukraine.
Indirectly the conflict has caused a general rise in the price of many foodstuffs.

I've held this for years, buying on dips but even then it usually has meant averaging up.
holding 7962 shares at an average of £2.3748.
If it drops below £2.40 I will add another £5k.
This has been a dependable stock for me and couldn't imagine my portfolio without it.
It may not be a race horse but its a thoroughbred none the less and more than able to go the distance.
I bought the first batch in 2016 and made the mistake of selling half my holding in 2018 as I was dazzled by the profit of nearly £1 per share, gradually increasing it since, but I never should have sold.
I would have been sitting on a dividend relative to my original £10000 investment of about 10%.