Member Info for Punter64

Sorry I mistook 418 for 481. Should be 1.35p per share fully diluted. ^0p still looks achievable based on that. Fingers crossed Big Jim can get it done

So roughly £394 million or £1.5 per share when fully diluted to 250m shares. Makes 60p look promising!

Where did you read that?

Shadowfall already 'exposed' this alleged fraud for their own benefit. But guess what the powers that be clearly think it was a load of BS and have taken no action. What a surprise! Better minds than you (i.e L&G investment managers) will have looked at these accusations and presumably dismissed them as BS. Your agenda is clear - you probably have some involvement in this sector and you have a personal beef with CSH - get over it. You are like a stuck record.

Yawn!

Indeed! Not difficult to see why L&G snapped up 18 million shares recently

Cane Toad, you just have to look at her posting history to realise that she just has a personal grievance with the company. Pretty sad really.

Don't tell me Lucy - you know more than Legal and General's investment gurus? Hahhaha

Looking forward to the next divi payment on 9/12/22 and reinvesting the proceeds into CSH. Not too many other shares around at such a discount to NAV paying 9.3% dividends. NO wonder Legal and General recently snapped up 18 million CSH shares. Take the hint peeps.

Meanwhile, in the real world, CSH smashes it out of the ball park once again. Excellent set of results. NAV now 114p and the divi is over 9%. The RNS makes it clear that both the Government and the opposition are fully behind social housing so the future is looking bright

A white onion, holding a book entitled Nicaraguan Fairy Tales. Worth attending to see it

Thanks for the replies to my query. I have sold roughly a sixth of my holding at 19p and will hopefully buy most of them back at 15p in the offer. Seems to make sense to me, lol

The RNS states - 'Conditional on Shareholder approval of a sub-division of each of the Company's Existing Ordinary Shares of £0.20 into one ordinary share of £0.001 and one deferred share of £0.199.'

Can anyone explain why this is being done?

Gold on a bit of a rip atm

Thanks DDD for a well worked post which makes plenty of good sense. I just hope that everything is conducted in a fair and transparent way rather than us being cucumbered behind the scenes. Let us hope so.

Yep Big Jim and onion head are unwrapping the cucumbers in readiness.

Slim, yes, why indeed. The strategy has been so muddled - particularly over the last few years and Chrome Dome carries the can for that.

When you look at the example of Hummingbird it is worth noting that building a mine in Mali did very little for the sp and following a fair start production has been a continual story of failure with the aisc rising from a forecast $850 per oz to over $2000 resulting in losses from production and a collapse in the sp from 40p to 6p. With that in mind a sale may not be a bad outcome for us long termers, albeit not what was hoped for in the early days. My concern is what happens should no suitable bids be forthcoming and also what secret deals might happen behind the scenes (stuffed briefcases/envelopes/positions in the buying company etc) which suit management but not us. Time will tell but I am half expecting to be cucumbered. Anything else to the contrary will be most welcome. Seen it all before on AIM with the likes of Sunkar and Baobab being sold for peanuts(2.5p and 5p respectively, from memory) with some of their respective managements being put on the boards of the buyers etc. All very nice for them and their bank balances but oddly not great at all for all the people they persuaded to buy shares in their companies over the years!!

Old Chrome Dome is getting the cucumber ready whilst he hides behind big Jim.

Old Chrome Dome is getting side lined by JIm who has appointed one of his Burnbrae mates to the Board as a non-exec director (Denham Eke) as a condition of the deal. Why was this needed? Old chrome dome has become Jim's poodle and I can just picture Jim patting his bald head!