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Hi all, great increase today.
The free Ricca shares from the company spin off last year have just appeared in my T212 account today. But are displayed as a "Non Tradable Instrument".
Has anybody on other trading platforms been able to do anything with their Ricca shares?
Yep cheers for posting, great video, reassures me of my investment in FAR. Lots of simple clear info. V happy with that. Tried to add more in my T212 ISA but turns out they have a maximum number of shares in FAR that can own. Bizarre.
I'm invested for a few years and skim through this board most days.
Wookie, I don't think you were particularly negative whatsoever. You have your concerns and stated them. Most understood your angle of dangle. Anyone who reacted comes across as being only wanting an echo chamber for blindly positive positive positive news.
If people cannot deal with open opposite viewpoints they should not be on public forums.
My average was 40p. I've taken advantage on the slump to reduce it to 20p. But I'm looking at the end goal. When solidly producing I think this price will be laughable.
I will probably be "green boxed" by some but personally I don't filter anyone unless they are exceptionally rude or aggressive.
Good luck to all. Investors and traders alike. When this flourishes we should all be rewarded.
Thank you, great info there.
Sorry if this is a stupid question.. but does anyone know what happens to these Aquis listed shares when the company joins the main market? .... do we still buy/sell our existing holdings via Aquis or by the normal market mechanisms?
From RNS March 2021:
""Construction funding rights:
In addition to the Initial Investment and Further Investment Rights outlined above, VBR will retain the right to further invest up to US$30m in FAR based on pre-agreed share prices. These rights will only be triggered in the event that FAR launches a process to raise capital for the construction of the Balausa Project and where the Initial Investment and the Further Investment have been exercised.
A summary of the terms are outlined below:
a) Right to purchase US$10m of additional shares in FAR at a share price of 25.0 pence per share, equating to a pre-money market valuation of US$150m, at the agreed exchange rate
b) Right to purchase US$20m of additional shares in FAR at a share price of 78.0 pence per share, equating to a pre-money market valuation of US$500m, at the agreed exchange rate""
So clearly someone in the BOD thinks it would be above 78p
https://twitter.com/StockBoxMedia/status/1551971663671164930?t=axYmN2qbbRePDyEe2eRN9A&s=19
My shares have just arrived in my AJBell account. Completely unexpected, nice surprise.
Thanks for posting.
Slightly reassuring that someone is still at home in Bion. I'd written it all off but maybe just maybe...