Hi Naewise, I think some are still there in the background. But so many bought in cheap and have been able to unshackle this burden we all suffer. Gone are those gay abandoned days when we used to laugh and write saterically. Reasons to be cheerful Part 1
Has anyone else encounter this problem getting Hargreaves Lansdown to cast their votes. See below :-
Thank you for your enquiry and please accept my apologies for the delayed response.
We have checked our records and can confirm that we will unfortunately not be able to facilitate voting and attendance at the Novacyt. The reason for this is because Novacyt is an overseas registered security. In order to be able to hold and trade overseas stocks, Hargreaves Lansdown holds the stocks as CREST Depository Interests (CDIs) as under UK law foreign stocks cannot be handled directly in CREST (the UK settlement system).
CDIs are issued by CREST, and one CDI is the equivalent of one share of an eligible foreign stock. Essentially, for each stock available as a CDI, CREST has the required number of shares held in its name (or the name of an intermediary acting for it) at the central securities depository in the company’s home country (these are the foreign equivalents of CREST – for example, DTCC in the US, Euroclear in much of Europe, Clearstream in Germany, SIS in Switzerland).
As the shares are not held in the name of Hargreaves Lansdown, we are unable to submit voting and attendance requests for overseas General Meetings as we will not appear on the register of shareholders. We apologise for this inconvenience.
BYP : I was thinking more about the award of the DHSC contract. The largest one ever awarded on AIM I believe. That was a fact, and the question was asked " Have Novacyt ever released an rns that’s had a positive effect on the SP ?? " How typical of you to talk about the negative and ignore the question asked.
I don't understand why the government didn't continue to purchase lft's and sell them on to Boots or similar at cost and agree a small on cost to distribute in their stores. The price could have been under a couple of pounds for the usual 7 pack and as a lost leader I'm sure Boots would have bitten their hands off to sell as lost leader. Just think of the extra footfall in their stores.