Member Info for TITM

Great to see some operations update confirming 3D acquisition over the next 2 quarters.

It will be interesting to see how the market reacts.

TITM

Apologies if my post was misleading.
I reopened them as standard share purchases (not SB).

"But the real killer her is the total mishandling of timing and communication by IG which is going to ensure they are no longer trusted in the community."
@bucklerfern
You are spot on there. I have been using my SB account for the tax-free benefits only...
I have re-opened the AEX positions (short term SB ones) in one of my non-IG dealing today and will stop using IG for such benefit. I did not think they could do that with such notice period nor within a contract (i.e. Jun-21) so really disappointed by them. Customer services answers were poor too so all SB positions will run until end of March.

TITM

100% is one thing but the trading stop by end of March may be more problematic even if you hadJun-21 positions.

TITM

https://hotcopper.com.au/threads/ann-suspension-from-official-quotation.5866823/

It will be interesting to see if it goes ahead and who is involved.

The majority were hoping for purchasing distressed assets so it will be interesting to see the impact it will have on the SP, if it relists.

TITM

Morning Officer,

It will be interesting to see what the "potential" acquisition is and I look forward to see what will happen to my remaining stakes.

TITM

@NorthernMagic - I don't expect 2021 to be news nor action free. If I'm being honest, for sure, I would have loved to see drilling this year, but if it had been announced and postponed due to the pandemic (travel limitation, etc.) it would have had a much worst impact on the SP. So time will tell but announcing it for 2022 may have been a good move.

I do expect us to plod along at this level but I feel happier today holding these that I was a year ago. For my sins, I increased both my ISA and SIPP stakes here yesterday.

TITM

A little gain is better than a loss...

The Punland days... I was not in RMP then; only in RRL... Turned a a small amount into a significant 6-figure paper profit and then kept topping up on the way down... At least, my ex did not get the cash but it was a great lesson learned!
I have since realised that I was a gambler an not an investor; now, I have a very different approach :)

Anyway, I have re-invested all the cash from RMP so I will not jump back in. If it ends up rocketing, amazing, I will make a profit albeit significantly smaller but if RMP disappears, the portfolios won't be impacted.

2.5p was a sensible target.

These shares were part of a small risky bottom drawer of my SIPP and ISA so I reinvested them in similarly risky long-term stuff (AEX...).
The sensible part of the ISA is made of funds and as much as I don't hold the American b one, I hold both the Emerging market and the Global discovery from Baillie, which have been performed very well this year.
Now, I do most of my investments in non-listed companies for the tax benefits and the loss relief, etc.

I have decided to sell and keep only a token holding in my ISA as I did not want to potentially lose the tax free wrapper.
I have also decreased the SIPP holding, locking in some profits.

Everything remaining in SIPP and ISA are in for the good, the bad or the ugly - Que sera, sera :)

That's correct. I am pretty sure we will go into suspension as I can't see a rabbit being pulled out of the hat at the last minute.

I just don't see how they could wipe out the UK shares without converting them to ASX ones, should no deal happened in the next 6-month.

TITM

That's the part I'm not getting.

I hold several investments in non-listed companies, so if they delist, they can't just cancel the shares, can they?
We would still hold shares but for a unlisted company no?

Was is RRL, who delisted few years back and the shares had been swapped for ASX ones?

Morning,

Assuming nothing gets announced, what are the possible outcomes within the 6-month limbo?

To me, I only see two:
- A deal is made within 6-month and trading on AIM once conditions are met.
- No deal is made and the AIM shares get swapped 1:1 from ASX ones.

Without the ASX listing nor the cash in the bank, the 3rd option would have been for the AIM shares to become worthless and be voided but I don't believe this could happen. They would have to swap them for ASX ones, no?

Interested to hear your thoughts.
TITM

If they have loaded up close to cash per share and based on the little amount available, I think it would be a rapid process and fairly cheap, no?

"He will need to place usually around 4p so my guess is double or treble from here"

I agree that lots of buying took place in Oz and there aren't many shares available on the market.
My money is still on a RTO but unsure what it would the sp in this case.

May I ask why you say that "he needs to place usually around 4p"?

TITM

Could we heading toward a Reverse Take Over? What are your views?

TITM

Morning,
Does anyone have any information about Kenneth Baker?
I am struggling to find his profile/bio/etc.
Thanks
TITM

I was expecting it before end of November but would not be surprised if it drifts into December now.

TITM

edgar222 & Blackgold00 - Thanks, your views continue to be pretty much aligned with mine then.
I need to decide if I buy another chunk or sit on my hands..

TITM