I would liek to as well but I don't think it will be possible for a special divi, especially one so large as this. I too agree that this will probably be taken out. I would hope to see 2 pounds a share for it after the distribution.
It will have to be voted through by the SH's in November and then I would imagine there will be a timeline for when they expect the transaction to be closed. It will then be announced what dates you will have to be a SH from. I would imagine this will be the process anyways.
that's the first this you have said that I agree with Gad. We are going to be diluted in half now with Eric's epic fundraising plan.
Simon...as a SH of the company I fully have the right to complain and moan as much as I want, when you are down 80% on an investment over a year!!! It does not matter what someone else who is not invested says. Simple. No point in pretending that there will be a pot of gold at the end of the rainbow just to make it sustainable in your mind.
I can't remember the last day we finished up!!! It's a farce. No point in even e-mailing the company either. only 80% down now!! But as I said...the BOD really do know what they are doing and we will all be OK.
Noto worry though....we are all going to be okies and find the pot of gold at the end of the rainbow. 42p by next Thursday and then I won't even be able to pronounce the number in my account. These constant 5% drops are irrelevant don't worry, we will be up 1000% when "the news" lands. Whoop whoop.
We got to keep the trend. Sure it would be rude for us to have an up date. I can't even remember when the last tine that was. I'll settle for 1.75 a share now. Christ...wait for the damage the next conversion will cause. Another 10-15% more than the last one!
What is going on????? Surely that rise should trigger a short squeeze?? I understand a portion of the growth will not be accounted for in the US going forward but the immediate realization of a divi is surely valuable to any of the larger holders. Who is selling then?