Cairn. You are probably a more recent holder. Following the 10:1 consolidation in June 2016 we were up over 12p. Not too good going when you consider where we are now and the institutional support we have behind us.
Thanks for the links Rivaldo. Pretty impressive from Lincoln especially once he got into it. Really don't understand why the share price is hanging around the 5p level. Guess some are waiting to see how the cashew processing starts up hopefully with not any major problems. What is certain is that provided DKL can get a good supply of ffb then with the current cpo and pko prices we can look forward to a record year.
Broker has advised receipt of my entitlement....for what it is worth.
Cannot be held in my ISA
Cannot be sold or valued as there is no market. So it will sit in a share account alongside other shares that have been delisted.
So what was the point ??
Agreed. I thought the numbers were positive and don't understand why the market has marked the shares down.
Well. I thought it was pretty damn good nut the price is slipping....
JK. I read it as well. Can be amusing at how little a few of them know but there are a couple of holders on the site that would be welcome here.
Incidentally I note that 100,000 has been sold at 5.0 breaking the recent trend. As at 1430 my brokers are still buyers at 5.10 and selling for 5.16
those two late-reported buys are the reason that the mm's have been prepared buy at 5.10 over the past few days. Even yesterday I could have sold at 5.10 although the brokers selling price has risen from 5.125 to 5.1425. Good to see a nice tight spread. Onward and upwards......
to see all these sales over the past week, and continued today, have been absorbed at 5.10 without crashing the share price. Normally when FK1 sells 1000 shares we see the DKL price down by at least 0.20. So, what do we all reckon is happening here ?
and marked down again today on the cost of a few pints of beer. ...
bought in at the beginning of the week......usual impeccable timing. Might buy more to average down .
My broker has yet to advise receipt of any letter. From what we have been told you get 25p or hold a delisted share which I don't see as being acceptable. So it's 25p for something I bought at 90p