Member Info for quelfromage1

Well Malcy is still enthused
"It will come as no surprise that due to the complexity of the deal that there has been a further delay in completion. I expect that when it does get closed it will not only transform SLE but shareholders will be on the receiving end of massive returns, the patient will indeed be rewarded, this is no time to bottle out. "

Que sera sera

Yep shafted!!!

Me too fwiw, 130,000

I'll vote against this too.

Come up before, but what's with these 1 share trades at open and, today, close?

marineclark, largely agree. But i am long term holder so it does not feel like "free" money at all!

Redeye Yes it's the same but you have expressed it as annual % return (yes, the more usual way) so divide mine by 3 gives the same number (subject to your approximations)...

Based on $40 mill USD, 449,913,026 Pref shares, and todays sp I make it ~19% return overall (not in one payment). Assuming all $40 mill becomes available of course.
This would then be on top of any divi linked to standard shares.
Have I got this right?
QF

Well I hope so but I see 8 trades (15 min delay) ...

And the smaller the free float the higher it should fly on positive news for us smallholders.

AFAICS it's an increase from 72.16% to 73.00% ...

Yes agreed and not nice! The free float remains low and small demand can lead to big rises in sp, works the other way too as we can see!

Yes excellent write up and written in plain English.

I meant FFS for bringing up old redundant news

FFS!

Picked up nicely now ...

Yes I think we just need to wait for the dust to settle to see where we are.

I suppose the large trades at 9:10/:11 this morning are governing much of what we see - most of the other trades are small fry noise.

getafgrip: and not forgetting that for those on the breadline so to speak many are reducing power usage significantly cos they can't afford it . Not sure how much difference this makes to demand overall but it plays a role ...