Member Info for Trader76

Nice rise today, probably due to investors are anticipating a good healthy DIV coming SEP

I assume 2c, 3c, 4c are in Australian $, so 1.5c (US $) would be about 2.2c (Australia $)

So based on the total number of shares . mentioned in the RNS

"...The Company has the following securities on issue:

1,178,011,850 fully paid ordinary shares.53,598,359 performance rights issued pursuant to the terms of the Base Resources Long Term Incentive Plan.."

and if 20% of 92.9 million cash to be paid as DIV

then the DIV would be about cent (US$) 1.5/share (or pence 1.17603476/share) which would be about 13.75% return based on today's share price of 8.56 pence (even though the market has reacted pretty -ve against today's RNS (not a brilliant by any measure except holding 92.9 million cash with no debt )

From the latest (25/7) RNS release, it says

".... As at 30 June 2023, the Company had cash of US$92.9 million and no debt...."

Question is what percent of the 92.9 million would be paid as DIV ?

Which broker are you with ?

thanks

tk

Is there anyone still waiting for last DIV to be paid in ? Seems barclays is taking a very long time to process it..

Sorry I didn't notice that someone has already posted a link to this update last week..

Not sure why BSE has not release this as a RNS, but overall it is good progress

https://wcsecure.weblink.com.au/pdf/BSE/02657605.pdf

Got my DIV (full 100% of it) today from Barclays stock broker.

don't be supprised if father xmas knocks on your door

GTE is in it....
The 7 Most Undervalued Energy Stocks to Buy in February 2023
https://investorplace.com/2023/02/the-7-most-undervalued-energy-stocks-to-buy-in-february-2023/

lucky or panicking .. as on the barclays trading platform, it was tracked as a SELL

=====================
Time Price Volume Value Buy/Sell Type
08:37 5.01p 7,000,000 £350,385 Sell O
08:28 5.01p 1,478,084 £74,067 Sell O
08:28 5.01p 521,916 £26,153 Sell O
08:18 5.00p 414,901 £20,745 Buy O
08:40 5.05p 377,346 £19,056 Buy O
08:51 5.06p 350,000 £17,692 Buy O
09:00 5.05p 350,000 £17,675 Unknown O

Certainly the latest ratings look very promising
--------------------------------------------------------------------
Date Broker name View Closing price Old price target New price target Broker change
24-Jan-23 Berenberg Bank Buy 12.75p 35.00p 36.00p Reiteration
24-Jan-23 Peel Hunt Limited Buy 12.75p - 24.00p Reiteration
24-Jan-23 Canaccord Genuity Buy 12.75p 50.00p 50.00p Reiteration
25-Oct-22 Berenberg Bank Buy 14.50p 35.00p 35.00p Reiteration

last div was paid during Oct/2021
==================
Year End Type Amount Payment Date Ex-Div Date Record Date
Dec '21 Interim 4.50¢ 13-Oct-21 16-Sep-21 17-Sep-21
Final 10.40¢ 24-May-21 25-Mar-21 26-Mar-21
Dec '20 Special 1.60¢ 24-May-21 25-Mar-21 26-Mar-21
Special 2.80¢ 04-Nov-20 08-Oct-20 09-Oct-20
Dec '20 Interim 3.20¢ 04-Nov-20 08-Oct-20 09-Oct-20
Final 3.00¢ 22-May-20 23-Apr-20 24-Apr-20
Dec '19 Interim 3.00¢ 18-Oct-19 19-Sep-19 20-Sep-19
Final 6.00¢ 23-May-19 28-Mar-19 29-Mar-19
Special 2.00¢ 23-May-19 28-Mar-19 29-Mar-19
Dec '18 Interim 4.20¢ 31-Oct-18 04-Oct-18 05-Oct-18
Final n/a
Special 5.60¢ 11-May-18 29-Mar-18 03-Apr-18

a potential interim DIV during March in the horizon ?
"...Cash at the end of December was US$60.2mln with no debt..."
https://www.proactiveinvestors.co.uk/companies/news/1004146/base-resources-reiterates-2023-production-guidance-1004146.html

Notice that Thor is going to change its name : -
"The proposed name change to ‘Thor Energy plc’ represents a shift in our focus towards our uranium assets, which we feel demonstrate the most significant value upside within our portfolio and longer-term benefits to the Company and its shareholders."
I could see the digging for coals & drilling for oil & gas would be on the next horizon

The CEO has been loading up more shares every month for the last 11 months .. - vote of confidence...? lets see if he would be buying more this month ..

==========================
Traded Action Notifier Price Amount Value
2022-10-31 Buy Stephen (Steve) Sanderson 0.066p 1,522,070 £1,000.00
2022-09-30 Buy Stephen (Steve) Sanderson 0.076p 1,314,060 £1,000.00
2022-08-26 Buy Stephen (Steve) Sanderson 0.088p 1,142,857 £1,000.00
2022-07-22 Buy Stephen (Steve) Sanderson 10.61p 942,507 £99,999.99
2022-06-24 Buy Stephen (Steve) Sanderson 0.12p 811,688 £1,000.00
2022-05-20 Buy Stephen (Steve) Sanderson 0.13p 800,640 £1,000.00
2022-04-22 Buy Stephen (Steve) Sanderson 0.12p 865,800 £1,000.00
2022-03-18 Buy Stephen (Steve) Sanderson 0.12p 814,332 £1,000.00
2022-02-18 Buy Stephen (Steve) Sanderson 0.15p 680,735 £1,000.00
2022-01-21 Buy Stephen (Steve) Sanderson 0.10p 990,099 £1,000.00
2021-12-16 Buy Stephen (Steve) Sanderson 0.10p 985,221 £1,000.00

I, myself manage (decide to buy/sell) all my trading within stock & share ISA with Barclays, and Barclays is acting as the nominee to carry out the rest of related actions - I am assuming Barclays must have some sort of "nominee direct debit account" arrangement with BASE, and in turn Barclays passing on the DIV to its clients. The last DIV (100% of it - no with-holding tax) was paid into my ISA account BANG on the paying-date.

Thanks, seems you are quite well-informed with BSE. I am fairly new and only have relatively small (<10k) investment in BSE,. Must say, it was its DIV caught my eyes initially, I got its last DIV, and 100% (no with holding tax) of it paid into my ISA. I am considering to gradually top up more in the near future.

Let 's hope so.
BTW, the DIV paid out so far for 2022 is over 25%, and very similar for 2021, but seems it is yet to catch the eyes of large amount of the investors