Member Info for Peri_407

Thanks for the reply.

I should've bailed when the price spiked at the last offer, the loss would've been measured in hundreds, rather than the thousands it is now. Still, live and learn :)

I'm nursing a 60% loss on this one - is it worth holding on in the hope that the company gets so cheap it attracts another takeover bid?

51.38

https://audioboom.com/posts/8503568-the-sunday-roast-featuring-professor-richard-conroy-executive-chairman-of-conroy-gold-and-natura

Apologies if this has been posted before - I glanced at the posts going back to the start of the month and didn't see it.

Midweek Takeaway Q&A featuring Alex Stanbury and Robin Brundle of Technology Minerals (LSE:TM1)

https://www.youtube.com/watch?v=HriVje24SuI

I'm very happy there's knowledgeable people here who don't mind sharing their expertise - thank you :)

Can someone explain, in simple terms, what the 'Capital Re-organisation' means to the average shareholder?

QUOTE>>>>>

Oxford Cannabinoid Tech Holdings Plc has announced details of a capital reorganisation, which means there is a proposed significant change to a company or group’s structure.

Under the terms of the capital reorganisation, your account will be credited with 1 new ordinary share of GBP0.1 and 1 deferred share of GBP0.9, in exchange for each existing ordinary share of GBP1.00.

The deferred shares will have very limited rights and will be effectively valueless. As such they will not be credited to your account.

The subdivision is subject to shareholder approval at a meeting to be held on 28 September 2023.

To view the announcement in full

https://data.fca.org.uk/artefacts/NSM/Portal/NI-000082052/NI-000082052.pdf

END QUOTE

Bit of a diversion - I've been watching this thread for 6 months, and thought I'd share the reason I actually got into lithium stocks.

This is a fantastic video (admittedly it's by a published astrophysicist/statistician rather than an economist) about the trends in lithium production, how much will be needed in the future, and where it can come from.

https://www.youtube.com/watch?v=AHgAcbpsujI

(TL:DR - Lithium demand will far outstrip mine-able sources by a very large amount, but recycling may be able to keep us supplied).