Member Info for Sir_Hector

It’ll be a slow Friday with no news. Some will lose patience and sell out of the dream, the SP will slip back and I’ll buy back back in at the 10p I sold for. 😁

Me too if only to rebalance my portfolio. I have a number of main holdings that have suffered of late and could do with a bolter to come good. Vodafone and BP are not where they should be and I’ve a hole to fill!

Ah I feel better now, the chartists know nothing. It’s just a blip, will fall back at the end of the week just in time for me to buy back cheaply and then rocket on good news early next week. Well why not?

Steady on, I know we’re all keen for movement but I still need to buy back, please stop willing the price up for a couple of days until I’ve had the chance!

pompym, apols you got spell-checked to poppy! i’ve just checked my old messages and this is what hl said:-

“to place existing shares held in the hl fund and share account into an hl stocks and shares isa online, you would need to go through a process known as a **************.

this is where the shares are sold and immediately repurchased within your isa. once the sale has settled, normally after 2 working days, the proceeds are subscribed to the isa. as such, between the point of the repurchase and the subscription, your account may temporarily show a negative cash balance. this method is used because an isa must be opened or topped up via a cash subscription”

so yeah, bed and isa is now sell your own shares to yourself and pay hl their commission

Poppy, tbf I’m not sure but that was the case last time I enquired. I’ve since moved everything into my ISA, this is the last stock. If it has been reinstated it would have been nice if they’d sent me a message to say so given the number of times I enquired. Fingers crossed I won’t miss out. It will be a couple more days for the transfer to clear, hopefully this week, and then I’ll be able to buy back. Fingers crossed the stock doesn’t go bonkers between now and then!

Bed and ISA service with HL was withdrawn for some apparent technical reason during lockdown and never resumed. I’ve asked repeatedly about it and never had a satisfactory response. This was the last of my holding outside either my ISA or SIPP so it’s all a bit academic now but bloody irritating!

Nooooo I need to buy back! Interestingly my 25k sell at 15:36 doesn’t seem to have registered on the trades page.

Well I’ve just sold my 25k at 10.03p hoping to re-buy by the end of the week when the cash has reached my ISA. I’d be happy for the price to make a small dip before we get good news next week!

Mmmm, that’s altogether a bit too optimistic for a balanced post! 4p to 10p on no news? The 4p was an over-reaction and it settled for a good while at 6p. We then had some positive news of progress all be it with nothing substantial achieved that teased the price to 10p. It’s again stuck for a lack of reason to go up or down (despite the best efforts of certain individuals). It probable will drift a bit now but I believe that there is too little float to have much influence and that we’ll all just have to sit tight. X posts with what are in effect holding statements don’t appear to have any influence, big news is the order of the day and giv en the level of float it’s going to be those with their fingers on the sell button that will have the influence

So what’s the thinking on here? What are SAG’s intentions? You don’t up your holding beyond the key 20% level for no reason and yet it isn’t clear what the strategic intent is.

Well we’ve known about this for years, the big question is whether Trump is minded to clear a path to access the stuff. The problem is that there is a lot of political hot air atm and the markets generally move with every breath and yet seemingly not a great deal has actually changed yet!

Incidentally, can anyone explain why of the 25 odd trades listed today, the majority are for just one or two shares? What is the point? Is it really possible to kid the system to change the price?

You may well be right, the SP will drift up and down a couple of points on sentiment/rumour until we get more positive news. I have a small quantity outside my ISA that I may well sell and rebuy with my new allowance if I can at a lower price

Look, the process will take as long as it takes. DEMIRS will do what they have to do, this may take a while or it may not and that may or may not be influenced by the degree of complexity of the application or historical timescales for dealing with applications. There aren’t too many shares out there in the hands of people who are trading for small gains, most of us believe there is a huge opportunity here and are in it for the ride. Constant carping and leaping on posters with threats of reporting them for being negative is all largely pointless in my view but I guess it helps pass the time while we wait for some meaningful news.

It’s a shame the SP isn’t keeping pace with the title of these posts. We’ve gone from 20p to 20p+ and now at 30p. There’s nothing wrong with a little optimism!

No it’s been another quiet day, only what? 70 trades and 20% of them single figure buys/sells. I thought the X post might prompt some movement but there was little by way of substance beyond what we already know.

Yeah very much a keep the wheels turning update. Without anything in particular to say it was inevitable that it was going to come across as a bit meh as the kids say.

Actually that happened exactly when Sagar posted about Mosman, curious!

And it’s notched up hall a point for no reason at all today.