focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Thanks for this. I was also beginning to wonder when my share holding would increase to reflect DRIP. I agree that it has always appeared slow but seems additionally so this time.
Interesting theory but if a substantial divi of 50p was paid then that would presumably follow from a significant sale of assets which would result in the EUA share price falling from its current "norm" of 25p to a much lower level.
DORE123 - Agreed, but like many pi's I'm struggling to understand what the BoD's approach is.
I'm sure they need to issue a RNS if they choose to extend so either way there should be an announcement very shortly.
EUA has to have an AGM within 6 months of year end as per Companies Act 2013 which is 30th June, unless they seek permission to delay the AGM by up to 3 months for special reasons.
"As per section 96(1) and first proviso, the due date of holding of the AGM is earlier of the following:
15 months from the date of the last AGM; or
6 months from the end of the financial year
Section 96 third proviso”, Provided also that the Registrar may, for any special reason, extend the time within which any annual general meeting, other than the first annual general meeting, shall be held, by a period not exceeding three months.
The time for holding AGM can be extended for special reasons by three months, with permission of the Registrar of Companies."
I don't believe the shareholdings are up to date. I looked at another company where there has been a recent large transaction and the figures though dated today do not reflect the movements.
Agree that this is "hardly going to make or break the company" but hardly a sop to shareholders when we can now buy the shares for less than the offer price.
So, just over 80% take up from qualifying participants on the additional shares. Disappointing. The board must have been expecting a greater level of enthusiasm for this. Presumably, in the short term, this will not do the share price any favours?
Malcy's view:- "JOG has announced the appointment of Les Thomas as an independent NED. This is an exceptional choice by JOG as Les is a well known and highly respected oil industry man, specifically in the North Sea, with a massive reputation from time at Wood Group and perhaps more importantly at Ithaca Energy.
I have always personally found Les to be enormously helpful and extremely knowledgeable and I’m sure that he will be a huge help to JOG as they move ahead with the development of the GBA in coming months. This has without doubt strengthened JOG’s already highly experienced board and shareholders should be very happy."
Sounds very positive.
Williamsburg & Bonzob, EUA's financial year ends 31st December so from a company perspective whether any announcement is in the next few days or later in April is immaterial. For the company it will be the same tax year.
I think MJS94 (10:19) and Tigra (11:10) comments are very close to the mark and I'm hoping we haven't got long to wait now. I would have thought a further 2.9 wouldn't be required if the share capital hadn't changed. Was the share capital posted on the website the same as the December 2.9?
Please count me in for one. A great idea. Thank you.
Yes, also just topped up with 2500 at 212p each. Seems like a good time to do so especially as nearly bought yesterday at 224.8p!
Hi VS et al, I (age 66) had my first covid jab yesterday in South Hampshire. It was very smooth and efficient and the only side effect to date is a sore arm which is only noticeable when attempting to sleep on that side! Would have been good to celebrate with a pint, but that will have to wait. My brother, in Devon, who is a couple of years younger than me is having his first jab tomorrow so it appears this is one area where good progress is being made. GLA with GGP and vaccination.
Tried small top up this morning. Nothing available.
RIP Sir Tom. On the question of pneumonia, the NHS offers you a once in a lifetime jab once you get to 65 but I'm not sure how many versions it covers. Poor Sir Tom caught pneumonia first so they couldn't give him the Covid jab.
Davies101 - Not sure what is a relevant timeframe with EUA as it seems to be going on a bit longer than we would have liked. Couldn’t see it being less than 2 weeks after 2.9 so this seems as good a time as any and I’d like it this year.
Hi Ian,
The 2.9 RNS landed 2 weeks ago this coming Wednesday so I think the latter half of this week going into next week is a likely timescale for the big one. Can you put me down for Thursday 17th?
Thanks
Yes, Ciminna. On the few occasions that it's happened to shares I've been holding the selling price will rise to slightly below the offer price, so you have the choice of selling straight away at that price which may move slightly over the following days or waiting for the final settlement or the possibility of a counter offer.
Hi Ian,
Can you put me down for £0.83 please, but I'd be happier with £1 +.
Thanks