Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Https://primorusinvestments.com/
Note here as not available on ( D )
Lots of these transferd to ( WI ) and a large return of capital on 10th April 2024.
Some sort of investment trust.
Nothing from me on barc.
But mention on Bushveld Minerals by Lady Jennifer were they must of had investment.
Bushveld Minerals - (BMN)
Apr 8, 2022 at 10
One of the investors in Mustang, Primorus, will now receive convertible loan notes in Bushveld
that can be exchanged into shares in six periods running until July 2023.
These guys say charts indicate 40 % buy
https://www.barchart.com/stocks/quotes/GLEN.LN/opinion
Overall Average:
40% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
Sold today for 480p executing 11.15am.
The 31/5/24 top up for 412p .
412 to 480 = 16.5% over 11.5 months.
Many miners up today
Sold Perseus Mining 5.45am must of been around there close.
Late February 2024 they hit a low of 372p not sure why I did not place an order
Placed on St Patrick's day order executed last night at $2.35.
GTC for 26 days
The 30/5/23 Buy $1.82 so made approx 30%
Repeat of last year but that GTC took 42days.
25/5/23 Buy $1.9 GTC order from 12/4/23 on for six weeks.
24/03/23 I had Sold out for $2.32
Https://www.barchart.com/stocks/quotes/BA/opinion
Overall Average:
88% SELL
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.
Noted I posted exactly one year ago.
17,600 post in that year .
A few saying insolvent back then.
Message saying that page no longer exists .
Copy and paste.
"Had a slice order on yesterday unlucky that failed to execute .
Down 22% this morning to 54p.
Poster TerryMC1 was warning this would happen when I last posted but did not answer my question to him" .
How much of the drop accounts for the large special dividend
Other than shares controlled by Milkwood Capital, a new investor opposed to the managed wind-down of DSM, less than 0.28% of the votes cast voted against Resolution 1. Given that the votes cast in favour of Resolution 1 shows continued support from shareholders for the managed wind-down of the Company and the distribution of cash proceeds, the Board has decided today to declare a special dividend of 30p per share, equivalent to £13.98m, with a further special dividend of at least £3.7m (which would equate to 8 pence per share) expected to be made by 30 June 2024.
Chairman Hugh Aldous commented: "As a Board, we are committed to doing the right thing for all our shareholders. We believe that the B Share Scheme offered a tax-efficient and cost-effective way of giving effect to the wishes as overwhelmingly expressed by our shareholders on 28 February. However, given today's result and the fact that our preferred proposal has been blocked by a new shareholder with an agenda of its own, we believe that the correct thing to do is to press ahead with a dividend to shareholders which, while not our preferred route, has the merit of fulfilling the mandate we were given to wind-down the Company and return cash proceeds forthwith."
On 11 April, the shares of DSM went ex-dividend – for those shareholders on the register at that date they will receive a dividend of c.30p on or around 26 April 2024.
Top ten of there holdings.
Real Good Food 10% Loan Notes 8.32%
Flowtech Fluidpower plc Ordinary 50p 8.29%
Hargreaves Services plc Ord GBP0.01 8.28%
Centaur Media plc Ordinary 10p 7.47%
Fireangel Safety Technology Plc 6.35%
Volex Plc Ordinary 25p Shares 6.26%
Ramsdens Holdings Plc Ord GBP0.01 6.00%
Digitalbox Plc 5.83%
Synectics Plc 5.45%
Real Good Food 12% Loan Notes 4.64%
Bought these 15/11/17 for 98p
19/3/19 had fell all the way to 36p
10/10/21 5 year high 84p
Today 50% fall to 31p
News from last week.
After the news following the 3rd from the 4th April share went back to the steady 61p until today.
Downing Strategic wind down blocked by new shareholder Milkwood
Wed, 03rd Apr 2024 17:31 Alliance News
(Alliance News) - Downing Strategic Micro-Cap Investment Trust PLC on Wednesday said its proposed wind-down was voted down due to a new shareholder casting against it, while declaring a new dividend.
The London-based investment trust said its resolution 1 at the general meeting, regarding a managed wind down, received only about 57% votes in favour, falling short of the required 75%.
In March, Milkwood Capital Ltd, a long-term value-oriented fund manager based in Windsor, England, said it recently bought a near 17% stake in the company through the Milkwood Fund.
Milkwood back then said it believed that the UK equity market was materially undervalued, with this undervaluation even more pronounced in smaller-sized companies, which is where Downing's portfolio is invested. It believes that Downing provides an excellent vehicle to explore this opportunity.
"Other than shares controlled by Milkwood Capital Ltd, a new investor opposed to the managed wind-down of the company, less than 0.28% of the votes cast voted against resolution 1," Downing Strategic noted.
Meanwhile, Downing declared a special dividend of 30 pence per share, with a further special dividend of around 8p per share to be made by the end of June.
Downing Chair Hugh Aldous said: "Given today's result and the fact that our preferred proposal has been blocked by a new shareholder with an agenda of its own, we believe that the correct thing to do is to press ahead with a dividend to shareholders which, while not our preferred route, has the merit of fulfilling the mandate we were given to wind-down the trust and return cash proceeds forthwith."
Downing shares closed 0.9% lower at 57.50 pence each on Wednesday in London.