Member Info for tomcat-14

i can almost smell it… lol…

so you have until close today to become a qualifying shareholder… ex date being on the opening bell on monday…
go on someone… say it… ‘you wouldn’t wanna be out of this over the weekend’…

no… i don’t believe you have to own them on the record date… but if you do and you sell them before the ‘ex’ date… you don’t get to keep the entitlement… the buyer gets the entitlement with the share… only after the ‘ex’ date can you sell the shares and keep the entitlement…

yes… existing ordinary shares at the record time = 148,049,098… the ones issued after the record date… won’t have the entitlement…

it’s pretty much the same as it is for dividends… and other types of distribution… here’s one from a recent distribution… bcn/zwld… it’s the ‘ex’ date that is key for the cut-off who gets the entitlement… not the record date…
https://polaris.brighterir.com/public/bacanora_lithium/news/rns/story/rn96e2w …

again i don’t believe the record date refers to whoever owns the shares at that time… but refers to the shares themselves… for the number allotted… offer price… entitlement 1/20… etc…

ev 14:04… i believe the ‘ex’ date is when the shares no longer carry their entitlement… if you bought shares between the two times you stated… the seller passes the rights to the buyer…

yes… i would think so… but there should be a mechanism to do what mrj just posted so you can buy your allocation outside the maxed account… before your shares get lapped up by someone else…

cfd’s…

dipb(1)… our $3.5m for 7% taking us up to 27% ownership of pba… the money being used to progress the pfs… needed now… available next week…
the timescales for that to happen mean that the dev share will need to have been transferred into pba… at the same time / prior to the $3.5m cash being invested…

i think they may have also discovered the administration issue related to the allotment and distribution of pba shares that was discussed many moons ago… going to 27% on day 1… or 49% for that matter… simplifies this initial issue… subsequent transfer and corporate governance… when does indo’s $50m credit get transferred into pba… is that at the same time we take our 27%… dipb(1)…

at 1:1 would now be c£35m… did i hear someone mention our 49% 1st right of refusal… 49% of what though… $npv8/$ebitda…

mine went in as a sell… lol…

progress progress… again it will be us that get/keep things moving on the ground… whilst we await our inaugural ore shipment as 27% owners of amapa… i don’t know the deadlines… only the reasons… which there always is…
the funds invested in the amapa project will primarily be used to progress the pre-feasibility studies… the remaining net proceeds of the placing will be used for cadence to continue to pursue its investment strategy and for general working capital purposes…

c’mon mike… you know this is very very positive… we’ll own 27% before half the people here waiting for it… get their confirmation that we actually have the 20% share certificates in our company safe… if they hadn’t been waiting for that… the sp would have been higher… and placing would have needed to have been done higher… we can’t control the speed the transfer process takes… and it seems our dipa and dipb financing is needed now…
cadence intends to use the net proceeds of the placing to invest further in the amapa iron ore project… increasing its stake to 27 per cent…

it wasn’t those subscription shares issued then?…

did i miss it… where is/was the open offer… was expecting a corporate action and circular this morning…

cadence intends to use the net proceeds of the placing to invest further in the amapa iron ore project… increasing its stake to 27 per cent…

pro-rata me and the wife’s allocation… in and out of same isa?…

can we buy directly into an isa with this open offer…