Member Info for Toonman

Thanks. I have always thought it did. My simple understanding of a short is that shares are borrowed by the shorter who then effects a sale transaction. And to close the short the shorter must buy the shares back at some future point to return them to whoever loaned them. Do those two transactions have no effect on the share price? Happy to be educated on this.

Dirty tactics do happen in takeovers. I remember when Cable and Wireless (CWW) was bought by Vodafone a few years ago. Vodafone got Deutsche Bank to keep shorting the shares to stop the price going above their target price of 38p a share.

Understood. Some of the positions held by these people are certainly interesting! Hence my earlier question about Barclays.

Am I right in interpreting the Barclays RNS that their interests here are pretty much equally as long as they are short ?

Thanks for that.

RNS about 20 minutes ago regarding Citigroup - anyone with knowledge of this sort of stuff got a view of what that is all about?

Your best chance of finding out is to ask them why I suppose. Seems a bit strange you didn’t do that?

I have used several brokers over the years and not one of them has ever refused to buy a stock I asked them to.

Get another broker if you want to buy the shares! As an observation it seems odd that you pitch up on here with your first ever post and make such a weird statement

Thanks greenhighlander, I had missed that RNS! Having now read it, I have come to the same conclusion as you. And I hope that we are both correct! So I guess the next issue is where the shares in AccuStem will be quoted?

Thanks for that whimax - very clear.

I have some of these in an ISA and am a bit concerned about the possibility of the AIM listing being cancelled leaving the shares only quoted on NASDAQ, Can anyone confirm if you can hold NASDAQ shares in an ISA?

Thanks BoracicLint - I too plan to hold for the same reasons as you. In different circumstances I might be more agitated at the delay though!

Did anyone on here buy the shares offered through through Primary Bid last week? The reason for asking is that mine have not yet arrived in my Investment account - I am told this will happen some time next week. Admission was on the morning of Monday 20th July according to Nanoco's press release. That seems like a very long time from admission to settlement! Would welcome any observations.

Tony 99 - agreed. With the AA business model I cannot see how more cars on the road is a massive positive! As you say the last few months have meant that the AA has been collecting its membership fees and incurring very little cost due to the lack of cars on the road breaking down - a cash pile is possible?!

Ruxie, that is a question I have been pondering. I don’t get what that trade is achieving - but there again I do not know much about the intricacies of this sort of trading. Anyone able to pull the curtains?

Noted. This is a risky share. Potentially high reward, also potentially wipe out. I have had experience of both scenarios! It is not complicated - invest if you have the appetite for the risk - stay away if not.

It was an uncrossing trade so no investor paid £94 million. To all intents and purposes you can ignore it.

I think if you get free shares they go into your ISA without any problem. The £20k a year limit only applies to money being paid into the ISA - not shares you are allotted free of charge from an investment you already hold..

No - Av have not changed their mind. The punters on this thread are talking about a company called Ferrexpo I think - but I am not sure why. It has nothing to do with Aviva. Anyone investing in Aviva should not bring Ferrexpo into their thought process I would suggest. Totally different market.

Good results out today - and good to see Paypoint have not jumped on the bandwagon and are maintaining a dividend payment!

For clarification I am old school and when I refer to a balance sheet it is now referred to as a consolidated statement of financial position - and the accounts are presented in €millions so in real money it is €120 billion!

Mole-man has obviously decided not to respond. But what he said was 100% correct - the company has accumulated losses of £120 million. It is there in black and white in its 2020 balance sheet. Am surprised people posting on here (who are presumably investors?) did not check this out.

A balance sheet documents the past. But if you want to be invested here you need to form an opinion on what the future holds.... imo.