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@gharri07
sedol/BWWCHQ2 is what mine shows as in my HL Account
think this is the start of a nice steady uptick
Greencoat renewables GRP 1.22p
the few trades are all pretty small by normal standards
Maybe reality of some "green" initiatives is hitting home.
For example I use 20,000KWH (equivalent ) of Gas to heat my house each year, earlier this month the price my supplier was prepared to pay me for excess electricity hit £1.20 a unit, because there had been a couple of dull still days so very little coming from renewables.
Unless something happens this will be a permanent issue in the winter, so for me a heat pump using say 8,000 KWH a year to heat my home would be a nightmare if the prices are going to be higher in the winter.
Also a comment on another forum from a UK Tesla owner that charging his car overnight, the car took 50KWH from the grid, 25KW went to the battery, the other 25KW was used to heat the batteries to the ideal temperature to charge !
so perhaps people are getting wise to some of the downsides.
HL are supposed to be moving mine from ISA to standard stocks and shares account, they are still in ISA in a category "other", and valued at £0.00
As I posted on another thread a lot of trades, but a lot in the sub £10 range and most of the others £100-300 range.
doesn't feel to me like something major, more like a bit of a move and small guys jumping for the ride
Also noticeable how many trades there are below £10 in value ! the vast majority of the rest in the £100-300 range
ooh no they've dropped into a section entitled other
I see my shares have vanished from HL, I assume they will somehow keep in ouch with all us small shareholders, and provide us with some proof of our holdings.
so it looks as if us small share holders are stuffed !
I assume they will have to give us something tangible so we can show we have the shares, to be brutal I have them with HL at the moment and trust HL.
Gunn and co, I trust about as far as I could throw them, and who knows how long the suspension will last, although as an unlisted company perhaps such niceties don't apply.
worries me a little that as a private company the could as I've seen before effectively make an offer and once they hoover up 80% or whatever they can force purchase the remaining shares at a silly low price.
and that's the issue they had 50% of the votes tucked away, but the resolutions call for 75% of votes cast not possible votes. so unless a large percentage of the rest vote against it goes through,
IF we assume after the buying that went on before the suspension was in their favour and they now control 55%.
to get to 75% of votes cast then it is necessary to get 19% to vote against that's 44% of the smaller shareholders, and unfortunately I see apathy preventing us reaching that level.
Having said that I think that the delisting should not be allowed to go ahead whilst shares suspended, as small share holders can not sell out, mine are held within an ISA ( I have a couple of speculative punts in mine and this is one ) once delisted they will have to be removed from my ISA
0.12 p isn't massive I've seen enquest at a much higher spread
The Management are counting on apathy to get this through !
resolutions require 75% of votes cast not 75% of possible votes, so if 20% don't vote that's only 80% to count they have 53% of the total so that would give them nearly 67%.
I find it totally wrong that the only proxy I can appoint is the Chair, who is obviously strongly in favour of all the resolutions.
Out of interest what would happen if the delist passes but the reincorporate fails ?