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What Is an American Depository Share (ADS)?
An American depository share (ADS) is an equity share of a non-U.S. company that is held by a U.S. depository bank and is available for purchase by U.S. investors.
Hi All Has there been a notification re when the final results will be released,[last year it was the 31 March]
but cant seem to find this years date... as it will be important as to .. if the the final figs are the same as outlined , better than outlined or worse than outlined. [or delayed .. not expected to be] .
Thanks SH
This message has been filtered, please adjust your filters to view, so don't know the latest and don't want to either.
Simply Thick Thinker 1 maybe..............
been in since free shares from Autonomy, taken profits as they rose, bought back as Tremor plunged to 89p
sold on the rise.. in for free... so thank you for the information over the period , but like many other long standing sufferers
if they have done as i have done [which i believe they have] then its immaterial whether the sector plunges as we are invested with the markets cash and a good position to be in i should think.
Keep the stable door locked "This message has been filtered, please adjust your filters to view" peace...........ahhh
Date: 18.03.2020 Open: 91.50 Trade high: 92.00 Trade low: 80.00 Close: 85.00 as shown here
There was a 1 share for 10 consolidation which in turn served to knock us long term holders back in our valuation but buying on the dips and scares ..@..86p etc pulled it back up with a new team in charge.
Hmm cut my holding by 80% money at risk....... none food retail is at risk with covid restrictions.
better punt with HE1 if risk money is to be placed.
sorry to hear that it will not cheer you up to tell you it took 2 years for my transfer/ payment from Fidelity ..
other listed mine started low then peaked 6 month on.
https://smallcappower.com/module/?page=detailedquotetabchartnews&symbol=RHC%3ACA
change: 41.00 (13.49%) just . at last Autonomy /Blinkx investment spin off is recovering losses. But did top up a wile ago at 89p on the false court cases saga. Ignoring "him" on filter..[.wont give credit to the name.]
Glad i have had Filter on for two years
May be of interest .. as i said before 90% rule unless stated otherwise ..... Once the acquiring company has obtained at least 90% of the shares it is offering to purchase and has gained acceptances of 90% of the voting rights held by those shares it is offering to buy, it can embark on a Compulsory Acquisition. This requires the remaining shareholders who haven't yet accepted the offer to sell their shares on the basis of the same terms as everyone else who accepted..
well i have sold some and kept some, the ones left have cost me next to 0 so i can sit it out .
thats my exit route.....
"discussions with the Consortium in relation to the possible offer." The operative word is POSSIBLE, Ie untill confirmed,
so if in profit perhaps take some off the table, sold 30% of my holding @ 32.60 earlier.
So that means I think there is a 70% chance of an offer at 35p or an improved offer . as this is the first offer....
Well you are lucky it took me 3 years YES 34 months to get my funds from Fidelity , switched to H and L .
Once 90% by value of the shares subject to an offer and associated voting rights are acquired the takeover can finalise.
Persons holding out for higher offer price that fall within the last 10% have their shares purchased at the agreed price.
{so once its 90% its a done deal and the shareholder are paid [or the offer is completed]
I have been a holder in the last 10% looking for a higher price as i felt the offer agreed was to low, but had the above rule insigated by the company and my shares were paid out at the offer price.
Once the 90% is reached then the pay out timetable is given.
Of course there is no dealing fees on the payout. Dealing fees are low theses days so that shoud not be a contrant to an early sale as the market in the shares will close and you have to wait for the payout..again covered by a timetable ..
Easily done, however unless you have a GUARANTEED stop loss , the stop loss method is a way to loose money , as 9 times out of 10 on a standard stop loss / [agaist a sharp fall ] the market wil open miles below the limit set , sell out then quite often climb back up to where you would have sold anyway.
well done if held , so sell 50% and stay in for free, thats what i am doing...
Well the drag on could be : Rights issue at 15p >> towards paying off dept and consolidation 1:10 150.00 share price directors keep there jobs no outside directors BUT the 20% holder would no doupt need to agree, so does one keep a contigency fund to take up such an offer? and hope for a climback to what would be 200.00 plus [have seen it before]
Yes many , many,years ago when i was involved , clients wanted to enter the market via a cash shell. Our job ws to find suitable shells which there were many at that time AND lucarative for the holders.
It recent years the cash shell has become less popular [many reasons] but this one could .... be a shell deal ready to go.
DYOR