Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Hello Littleaston
I hope that you and your family and everyone else has enjoyed a lovely Xmas and happy new year break. Good to learn that you bagged those shares at such a splendid price. Well done for that! I was also able to bag some in three tranches albeit at 22.83 then 22.73 and then at 22.69. The RDSB share price has certainly been on something of a roller coaster ride, albeit driven by macroeconomics rather than your hypothesis regarding the price on or just after pay day being driven by dividend reinvestment of a tiny group of shareholders. Regression analysis shows this not to be the case - indeed only around 6% of RDS shares are held by PIs. Anyway, good opportunities for all of us with RDSB! I've been investing in Shell since 1998 - I first bought Shell Transport & Trading (predecessor of RSDB) after a sojourn in Lisbon - happy days. I see that you began investing in Shell in 2015. I also loaded up mightily in the dark days of 2015 when the price sank to 13.00-14.00. So, yes, over the years Shell has done me proud and I'm sure that's the case for many other holders on this board.
And I can continue not to hold my breath...GLA
"This will go lower, and I will retain my powder until then. Remind me then, then otherwise I WILL remind you."
Thank you for your kind offer. I won't be holding my breath!
"Trouble is everyone had the same idea, and the price spiked yesterday".
Did the price "spike" because of "everyone" piling in to reinvest their divis or might there be another reason to consider?
According to the markets review in this morning's City AM, "Oil and related stocks provided the biggest support to the FTSE 100, with industry heavyweights Shell and BP rising over one per cent as crude prices bounced back from steep losses on over-supply worries."
I was also able to top up my RDSB holding very nicely yesterday with the divi. The divi payment was in my account very promptly so happy days!
Shell cancelled the scrip (that's the correct spelling) dividend option with effect from the Q4 2017 dividend payment.
With effect from Q4 2017, Shell re-introduced the Dividend Reinvestment Plan (DRIP) through Equiniti. Equiniti makes a dealing charge of 0.5% (minimum £1.50) in addition to the usual 0.5% Stamp Duty. The T&Cs state that the shares may be purchased on or off market according to whether it is advantageous to DRIP scheme members.
Indeed. As the Shell investor relations web site itself states: "This dividend will be payable on December 19, 2018 to those members whose names were on the Register of Members on November 16, 2018"
Shell has announced today the sterling equivalent for the 47 US cent Q3 divi.
The divi will be paid on 19th December at 36.77 pence per RDSB share held.
The divi has indeed remained at 47 US cents for quite some time.
The sterling equivalent has been rising and dipping as the pound moves against the dollar. The 47 US cent payouts were 36.5p in September 2018, 35.18p in June, 33.91p in March and 35.02p in December 2017.
We'll find out the sterling equivalent of this month's 47 cent divi in just one more day as Shell is announcing this on the 6th December (tomorrow).
The GBP Sterling equivalent for the USD $0.47 divi will be announced on 6th December.
The Q3 divi for RDSB has been announced as 47 US cents per share (as previously), payable on 19 December. XD is confirmed as 15th November. The GBP sterling equivalent date is to be announced on 6th December.
Agreed. I took the opportunity to top up the ISA and the SIPP at £23.92 last Friday. Given BP's good results today, I'm looking forward to Thursday's results for Shell.
Some nice positives: Pub Company LFL sales up 2.8% compared to 1.2% for the market. Greene King branded local pubs LFL sales up 5.5%.
Shell has announced that the GBP sterling equivalent for the forthcoming US$0.47 dividend will be paid at 36.50 pence per RDSB share.
RDSB is XD today.
The date for the GBP £ Sterling equivalent rate calculation for the RDSB Q2 divi payment is Monday 3rd September with pay day being Monday 17th September.
The broker Berenberg issued a reiteration of their "sell" opinion for GNK this morning. Berenberg says that trading remains poor and they think that there are issues with debt and that profits will drop in the current financial year.
Well, the divi is being paid out on Monday :)
Shell announced on 4th June that the GBP Sterling equivalent payment for the forthcoming Q1 USD $ 0.47 divi is 35.18 pence per RDSB share, payable on 18th June. GBP Sterling has dipped since the March USD $0.47 divi payment which was paid out at 33.91p per RDSB share. The December 2017 USD $0.47 divi was paid out at 35.02p per RDSB share.
Jarvis XO credited my SIPP and ISA accounts with the divi yesterday (Monday).
Pump and dump spam alert
The GBP Sterling equivalent for RDSB was 37.12p per share for June's Q1 divi and 38.64p per share for the divi in March.