Member Info for SFH300

Yes, I'm holding BHP with HL and all the links are greyed out, except the one for Corporate Actions. This will be to do with the move to the Australian stock exchange, which is happening this weekend.

From the Corporate Action page:

"If approved at the meetings, and at the court hearing on 25 January 2022, the changes will complete on 28 January 2022. The new shares will be credited on or around 31 January 2022. If you want to sell your shares before this happens, you’ll need to do so before 4:30pm on 28 January 2022."

So, from Monday (or thereabouts) the new shares will be issued. These will be the LSE-listed shares and BHP will no longer be part of the FTSE100 (because its London listing will be too small), but the new shares will continue to trade as normal on the FTSE. We'll have to wait to see what happens when they're available for trading, though.

I hope that helps to reassure you.

From the SMT website:

https://www.bailliegifford.com/en/uk/individual-investors/funds/scottish-mortgage-investment-trust/ic-article/trust-histories-scottish-mortgage-trust-histories-10004891?p=18447&f=2938

Full piece on Reuters:

https://www.reuters.com/technology/autostore-wins-latest-battle-robot-war-with-ocado-2022-01-28/

Why would Drahi care what the SP is at this time? He's not buying again until June at the earliest, is he?

There's my problem - I didn't go to the University of The Internet! :D

Right, must get on now - it's visiting time in about half an hour and I haven't taken my afternoon meds yet. ;)

Oh dear! You're giving moronic f*ckwits a bad name. And throwing in offensive ageist terms too! You really don't have a lot going for you, do you?

I've no idea if the word is used in medical situations, but if it is it will be no more an exclusively medical terms than, say, "the" or "syringe". Still, not to worry, once you've done your GCSEs you might become a bit more intelligent. In the meantime, we'll all be glad to see the back you. Ta ta.

From Merriam Webster (and every other reputable dictionary you'll ever find):

Definition of concomitant (Entry 1 of 2): accompanying, especially in a subordinate or incidental way.

concomitant (noun) con·?com·?i·?tant | \ k?n-'kä-m?-t?nt , kän- \

Definition of concomitant (Entry 2 of 2): something that accompanies or is collaterally connected with something else.

Then again, if his investment research is as thorough as his linguistics due diligence, ignoring might be the way to go.
< Thumbs Up >

Don't be too hard on him, Wolfbag. He wasn't to know I'm a linguistics specialist ;-) (True.) If he's got something to teach me about investing, I'll listen to him. I'd even accept a gracious apology from him. :D

Yep. I'm beginning to think I might sue BG under the Trades Descriptions Act for their Positive Change fund, which only ever seems to change negatively now.

... that was all a waste of everybody's time!

PS: Don't worry, I've seen your other post ;-)

"Should be a good day tomorrow."

Down ~6%. Would you like to have another go, VP? ;-)

abrdn announces the proposed sale of approximately 40 million ordinary shares (the "Placing Shares") of its shareholding in Phoenix Group Holdings plc ("Phoenix"), representing approximately 4% of Phoenix's issued share capital, to institutional investors (the "Placing") ... As such, abrdn intends to return the net proceeds of the Placing to shareholders, with the method and timing of the return to be announced as soon as practicable after the Company's results on 1 March.

I'd guess a return of capital is most likely.

This might help, though you might need to do a bit more background research:

https://www.youtube.com/watch?v=sV40TBikG_8

Thanks for sharing, Phyl x

Check again at about 9pm GMT.

Blimey, Leighton13. Find a dictionary, read it, then get back to me. Look up 'irrelevant' while you're at it.

And I'm f*cked if I'm going to apologise for having a half-decent vocabulary.

Director exercises his option - then immediately sells. Confident?

... is like having an interest in a central African kleptocratic country. (Up, down, up, down,, up, down, up, down, up, down, up, down).

Lots more where that came from, shatter ;-)