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I am with HSBC Investdirect and I still haven't received my dividend. When I asked why I was told that because it was paid in currency it could take up to 10 days.
The proposed date for the listing is 30th April on the ASX website
https://www2.asx.com.au/listings/upcoming-floats-and-listings
I have heard it might be mid March, but nothing definite.
You beat me to this comment lynny. I have never owned a share like this before where good news prompts a SP fall so often. However I am going to keep faith for at least this year because I believe there is a lot to come particularly when Sandfire report on A4 and the true value of the NSR is more widely realised and I am optimistic about the affect the ASX listing will have.
3.75p, quite pleased with that.
https://www.londonstockexchange.com/news-article/SLP/half-year-report-announcement/14872660
https://twitter.com/Ben_Turney/status/1363467399245287428?s=19
MTR is listed here. Does anyone know what this means and it's significance?
Kromek ramping up Covid-19 pathogen detectors.
Placing and open offer to raise £13m.
Proceeds to de-risk and commercialise bio-security pathogen detectors.
Kromek (KMK:16.75p), a Sedgefield-based radiation detection technology company focused on the medical, security screening and nuclear markets, has announced a placing and open offer to raise £13m at 15p a share.
Up to 25 per cent of the proceeds will be used to de-risk and commercialise Kromek’s bio-security pathogen detectors which sample air and identify the presence of any biological pathogen including Covid-19. They will be piloted in UK airports, hospitals and the retail sector in the coming months ahead of commercial roll-out. In addition, up to 20 per cent of the funds will be used to expand sales and marketing efforts for Kromek’s nuclear detection and medical imaging activities with the balance used to deleverage its balance sheet.
I feel the open offer is worth taking up. That’s because two-thirds of Cenkos Securities’ £15m revenue estimate for the 2021/22 financial year is already covered by the order book, but the house broker’s forecast excludes any contribution from the bio-security pathogen detectors. Bearing this in mind, Cenkos estimates that every £1m of additional revenue could generate £0.5m of incremental cash profit for the company. Analyst Paul Hill at Equity Development values the annual global market for the biological threat detection devices at £500m and believes that the company could win a 20 per cent share, an outcome that is simply not being priced into Kromek’s market capitalisation of £57m.
The shares doubled in price to 28p after my last article (‘Covid-19 airborne threat detection profit opportunity’, 14 January 2021), and the pull-back on news of the placing is a repeat buying opportunity.
https://twitter.com/chrisjparrish/status/1362294405978353664?s=19
HunSen thank you for that analysis. My comments earlier were referring to the windfall dividend alone rather than the annual one. If you are correct at 1.6p, then even my lower figure if 3p looks optimistic. Considering the amount of cash being generated, 1.6p doesn't feel like much of a windfall. I had the impression the windfall dividend was to be a one off, separate payment from the annual dividend,hence the figures I talked about. If it is as low as 1.6p my original concern stands that the share price will be punished by the market as a result. Not long to wait now until we find out.
“This is, in effect, the dawn of a new global copper province,” said Karl Simich, MD and CEO of Sandfire Resources following the publication of the firm’s definitive feasibility study into its $259m, 30,000 tons a year Motheo copper project.
https://twitter.com/metaltigerplc/status/1360942765249552385?s=09
Thank you Captain Hindsight
TBTT I think you have nailed it there. I have the same concern particularly about the level of the dividend. I have a bad feeling it will as low as 3p, which cannot be described in any way other than ordinary. I am hoping for 4-5p and will be pleasantly surprised with 6p or more. Even if it's at the lower end if there is a longer term policy commitment to pay progressively higher and sustainable dividends in the future I think that will be well received. It's the possibility of a disappointingly low dividend and no plan for the cash that concerns me.
https://twitter.com/metaltigerplc/status/1352164189436043265?s=19
Does anyone think we will hit £6 and stay above it?
https://youtu.be/_9JGfQHOaWo
Very reassuring interview with all aspects of the company, particularly covid detection, could become a huge opportunity.
Great results, but the SP is now down 5%. I do struggle to understand why this happens.
Still reading through them, but they look to be solid set of results, especially given the lockdowns. Pleased to see a final dividend and a commitment to restoring the dividend to pre covid levels.