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Production result out for first 3 days of Nov, why so many other producers registering as zero output?
Yes I'm with Barclays?
Just poped in to see why it has dropped again. What do I find but the usual moaning, not about delays, placing or poor performance, no with each other. Give it a rest fellas its enough to drive you to growing turnips. At least that topic eventually died a death.
Hi R, I'm with Barclays too and rang and asked them about voting at the recent 2 votes AGM. It is my understanding after speaking with them they dont bother their arse giving us the option but generally do on company take over votes. I submitted a complaint but was reminded I was aware as I complained with similar 18 months ago and therefore I sshould already aware of their policy, although they did say it could be a bit more prominent on their web page. My intention is to move the bulk of my holding over to ii who I'm already with and who do afford voting at AGMs.
Perupetrol are state owned with cash in the bank payments after 180-240 days? It's all in the RNSs
New mine works adjacent tp La Parrilla ,could it be? W Resources' 100% owned subsidiary, Iberian Resources Spain SL
GuG, who makes stuff up all the time?
The RNS states he was paid the shares as part of his renuneration, I'm sorry but I cant see where it states he opted to be paid Instead of his cash salary. I dont know how, but could these shares be part of his renuneration package as a bonus. I think the key here is did he take the option or had little choice as cash is short. Same as the paying of suppliers/contractors with shares as last months??
Hi Jaf, I for one welcome your view to balance the debate, even when holding you gave a good account from both sides. It was a shame you sold up but not surprising as this has been on a downward projection since the tailings when in todays money it was over £1 (1p) a share. Most of the long term holders here have had to average down to have any chance of recouping their investment, and if this goes per shape alot will lose substantial holdings. However at 7/8p a share I would now like to think this is worth a punt, mind you I never thought it would drop below 80p (0.8p) let alone 40p (0.4p) and now 7p (0.07p).
I think Sid summed it up best, it may go up but it could go down, but the last 7 years has most definitely been down, bless all aboard.
The bottom line as you
Trojan, your buy announcements, I take it mean 3.8k shares and not GBP?
Very interesting BB and totally agree. The biggest danger of a no vote failing is the nominee accounts being held by the trading platforms/Brokers. I'm in ii and Barclays and I believe they both grouped my votes with other PI's/nominee shareholders when I've previously voted on other companies together and whatever was the majority was taken as 1 vote as yes or no and then passed to the ballot box so to say. I believe PI's would need to apply for the share certificate for their vote to count as an individual vote and pay the small cost which can take a couple of weeks to arrange.
But DYOR
Voted no to 6789 on ii but Barclays said they require 10 days and you have to ring up, absolutely carp
Hi Dee, listened to all of the podcast yesterday and my God could of done with you with Siruis, I note the similarities with this scenario. You mentioned a WhatsApp group, I had your emails but cant say I've seen the what's app group name. Would you be able to let me have it in some way. Many thanks
https://www.sharesoc.org/investor-academy/advanced-topics/nominee-accounts/
Voting
How do you get to vote if your shares are in a nominee account? First bear in mind that if you are holding shares in a nominee account, only your stockbroker can in theory vote those shares (because it is their name on the register).
However, there are three ways that in practise enable you to exercise a vote, and the first two involve getting the voting rights assigned to you. These are:
1. By the broker appointing you as their proxy for the number of shares for which you are the beneficial owner. Such a proxy will normally enable you to attend the Meeting also, and would need to be lodged with the registrar a few days before the relevant Meeting (and a copy supplied to you which you can present if you attend the Meeting).
2. By obtaining a “letter of representation” from the broker in respect of the number of shares for which you are the beneficial owner. This is equivalent in some ways to a proxy appointment. This also will enable you to attend the Meeting and vote as if you were the owner of the shares at that Meeting (if a poll is called or on a “show of hands” vote).
The third way to vote is via a mechanism that some brokers have introduced where you can notify them how you wish to vote and they will submit a proxy form to the company (instructing the Chairman how to vote on their behalf). You will of course realise that the broker might get conflicting instructions from their various clients, but this can now be handled because the broker can vote so many shares “for” a resolution and so many shares “against” (i.e. they can split their total votes depending on the number of “instructions” they receive, ignoring the votes where they receive no instructions). But you will still need a separate “letter of representation” or a copy of the proxy form if you wish to attend a Meeting in person.
Only a few brokers offer this voting facility on an automatic basis at present (along with information provision also because unless you receive the documents issued by the company you may not know how to vote) – the ones we know of are Brewin Dolphin, Killik & Co., Natwest Stockbrokers, TD Waterhouse and The Share Centre.
If none of the above mechanisms are used, then your broker may simply not vote your shares (or in some cases they might even make their own minds up on how to vote).
ShareSoc explains the disadvantages of nominee accounts, AIM company takeovers and the disadvantages of PI's voting in nominee accounts that we are mostly in.
https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://www.sharesoc.org/Guaranteed_Votes.pdf&ved=2ahUKEwixyN7r5OHwAhWWD2MBHfKuCLIQFjANegQICRAC&usg=AOvVaw1JdIartbUXTI544Cz6A0k5
Dear all, be careful with this one as i believe this would be a steal if it goes to GF. I hope the offer is rejected and have been through similiar before but with an unwanted outcome.
The majority of the private investors probably wont actually hold the share certificates and therefore wont be able to cast an individual vote, more of a collective vote.. if you cast your vote it will be collected by the financial institution/ broker house you're with, when all the votes are in from your broker house the majority decision will determine the way they vote on everyone's behalf.
Ie: 4000 retail investors vote against and 3500 vote for. This would equal 1x vote against the motion. The broker would then forward this 1 vote against but this would only count as a single vote. Unless you request the actual share certificate whereby all of these type votes would count as individual votes. I hope this is not the case but if there is a confirmed offer and you want your vote to actually count you may have to apply for the share certificates. From memory I belive there is a charge of around £30 or so.
Best of luck to all
Yes, and there's the PTAL investors FB page , happy days.
And just topped up 20k share for me, 47 and a bit pence. Thank you
No coincidence only days apart. great find