Member Info for Warthog4

Sneckieboy
I guess the anger is largely fuelled by frustration born of many years of waiting, being told we are "best in class" etc etc then just last year seeing what appeared to be the "new dawn" for Sareum only to see it turn to ashes only months later. Many who post on this Board have been loyal to this company for 10years+++ so you have to cut them some slack when they voice their concerns about the company's SP gyrations.

On top of that Consolidation was touted by the BoD along with the appointment of Peel Hunt, both as the way forward to attracting new investors, but then we see yet another slump to the extent that all last year's great SP progress has been totally negated and more.

So whilst I agree with your sentiments vis a vis "letting the SP do the talking" I am bound to enquire what exactly is it saying to you this morning as we slump to a 10 month low despite the anticipated receipt (barring further "unforeseen circumstances") of positive tox. reports and the attendant much needed boost to our progress.

B....y luxury!!!!! We had a four wheel drive soapbox!!
(Bit of levity for a rather gloomy morning)

Yep-will be surprised if the bargain hunters don't come out in force-lowest SP since October 2020.

THIS is why Mad Vlad wants Ukraine-to wage economic war on the west et al. He cares not that the poorer countries, already in dire straits, rely on Ukraine for essentials- he is a an ex KGB thug and savage maniac wanting his country to revert to the Cold War days-a little man who has grabbed power now out of control.

Have a look at all the indices!!!

Quite-now trading at equivalent of 2.8p, lowest since May 2021 BUT only 24 days to go during which time large rabbit coming out of hat or so we understand. We shall see.

Last month FTSE down 9%
Aviva down 16%
Wonder if you and your little chums on the BoD have noticed??

Thanks TheT-I may have been reading the wrong article or misconstrued it completely. UK taxation regs are a nightmare

There is no CGT on a return of capital. Re dividends depends on how much you have received in a tax year.
Seehttps://www.gov.uk/tax-on-dividends but please DYOR-there is stacks of info on the web

Positive broker ratings: good yield and coffers bulging with cash
So, why, why o why does this wretched sp take a beating every time there is the slightest hint of bad news of whatever ilk?????????????????????

Nothing wrong with a politician being a comedian-most of ours are.
"It certainly does not help supplying more weapons."
So you think we should sit idly by and watch civilians being murdered-I sincerely hope not

Rothers-not just this board I can assure you!!

Spot on Paul-in a nutshell!!

"The illustrative share consolidation referenced in this announcement refers to a ratio of 75 for 100. This is an illustrative example only based upon the average market capitalisation of the Company over the last five trading days in February 2022, adjusted for the 2021 final dividend. The actual consolidation ratio to be applied is expected to be published on or around 4 April 2022, and may be calculated on a different basis depending on share price volatility, with the directors of the Company retaining absolute discretion to determine the final ratio, including by reference to share price movement after the date of the publication of this announcement, amongst other things. Full details of the B share scheme (including mechanics, eligibility, consolidation ratio and proceeds) will be set out in a shareholder circular, which will be made available on or around 4 April 2022."

So, a rather nebulous announcement with more caveats than fleas on a hedgehog. Why did they bother?

.... if my maths any good but a quick calc. of their proposal at today's price based on my holding would produce a loss of about £450 quid, (ignoring the normal divi)!!!
Hope I'm way off the mark-anybody else care to calculate

Oh do go zip it Cobalt!!
I find it disturbing that one can not air an opinion without being pilloried by others purely because the views expressed do not accord with their own.
It's called freedom of speech Cobalt, something strictly off limits Chez Putin and other totalitarian regimes but, happily and for the time being, still allowed in Blighty.
Off the air for foreseeable future so I'm afraid you will have to find someone else to suppress.

...tomorrow. Hope for good news on the Divi/payout front. It had better be good!!!

......"so to bed" as one Sam Pepys was wont to say.
What will the morrow bring I wonder-getting to the stage of not looking any more either at the SP or this BB-just too frustrating and depressing after 10 years+++ of waiting and watching.
Ire ad Tempus !!!!

Yep-company has lost close to 15% of its value in 24 hours and SP back to where it was 10 months ago, so the wild swings are not over.
Not saying anything else.

....down 3% already on top of the 1.3% overnight unless my calcs are way out. Volatility due to new share structure? I'd like to think so but what a great start to our brave new future.