Member Info for WilyCoyote

I finally managed to sell my 80m holding. It took almost 2 hours to get a quote via HL during which time the spread widened & price fluctuated -6% to 14%, now lower. Has anyone else had problems, HL or others?

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The market size for CHP is 10 million - I think this means that MMs will set a price for a share - but are only obliged to accept a buy/sell trade for that share - if it is below that market size.

Of course - there is nothing to STOP them accepting a larger trade - and nothing to stop your broker offering a price independent of a MM.

Were you trying to sell all 80M in one trade?

Well that might be true - if ii's are willing to invest in a bank - where the shares are valued at thousandths of a penny

Coutts Is part of the NatWest group.. so not privately owned.

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I can't pretend to understand the legal complexities of their structures.

When the UK government undertook one of the world's biggest bank bailouts - I'm not sure where Coutts stood in all that mess.

If NW had gone under - would Coutts also have gone down? Would there assets be seized to pay creditors?

Maybe because the company want to issue 600 billion more shares! Yes it’s to invest in a bank and yes in the long term it may pay off. But in the short to medium term what do you think happens to the share price.

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Unless the share price takes off after the bank is up and running - I think there will be a serious amount of share consolidation taking place - simply to give this bank some level of respectability amongst it's peers

In the RNS - it says:

'and is set to become Scotland's first bank dedicated exclusively to lending to small and medium-sized enterprises - a market believed to have significant growth potential'

Given the performance of this labour govt over the last 12 months - many small/medium size businesses are struggling - I don't see that 'significant growth potential' appearing over the next 4 years

'The bank cannot trade as a private company so will have to be a listed company.'

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I believe Coutts is a private bank

- are they been published by some Benedictine monks high up a mountain in some remote monastery?

Can't even get a buy at 3.6, sat unexecuted.

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How many shares are you asking for?

The market size for this share is 150,000 - MMs who are trading in this share will set a price that is valid up to that market size. My understanding is that they are obliged to take any trade at their quoted price - up to the market size - allegedly

It’s very likely the sp will be 265p-275p range before the x divi date

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The next ex-div date is in 8 days - you are expecting a 7-17p rise in those 8 days?

"What's not to like?" about equity wipeout by dilution

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It would ONLY be equity wipeout - if the shares didn't recover

If you believe - for instance - that the shares are worth 70-100p - or more - then money would be made

But not everyone appreciates that the share price usually falls in correlation with the dividend

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Well - they should!! - it's stock market Investing 101

If a dividend payment costs a company 50 million - that's 50 million that has been 'lost' to the company

If that WASN'T the case - why not pay out 100M - or 500M?

Let me ask the experts here why we should buy shares for their dividend when the SP almost inevitably falls by the value of the dividend when the ex-div date is reached. What an I missing?

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Because in the medium term - the price will recover - which can easily be proved - allegedly - probably

I suspect MMs also take the ex-div date as an opportunity to manipulate the price - not for THEIR advantage - obviously.

It is sometimes worth selling just before the ex-div date - as it means you receive your dividend immediately instead of waiting a month or 2.

If the price falls MORE than the dividend - you can buy back - assuming you can offset the tax on buying the shares

It's not about good or bad results - it's about the results vs what the market expected

That - combined with a general pullback from the previous rise

'green hydrogen, which will be produced from a 100MW project it is currently building at its refinery in Lingen, northwest Germany.

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That's a strange place to set up a hydrogen plant - they generally need massive amounts of electricity to produce H - and Germany has one of the highest electricity costs in Europe - due to their energy policies

"that’s because you want a quick exit at all costs and don’t seek transparency! "

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LOL - I would say most SERIOUS investors want a quick exit now, so they can get their capital back and move on - well those that have made money - or at least breaking even.

People like yourself - probably holding big losses - are desperate for a miracle - understandably so.

WG will survive in a new form - most jobs will be saved - but for medium/long-term holders? - it's time to move on to the next opportunity

" SID or another party has to think about there own liabilities for the past"

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I was always intrigued that the FCA/SFO didn't get involved sooner - and now that the FCA IS involved - it lays open the possibility of fines - which may fall on the company OR individual board members.

If the company is liable - that can only push down the offer price

The plot thickens.....

"yes, the board were clearly trying to push a deal through before accounts were out, that’s fact, not fantasy"

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It's only a fact in your head - Sidara and WG have been talking since April - to try and do a deal - they can't 'push a deal through' before the accounts are out - that is just your fantasy

The two sides CAN come to an agreement at any time - regardless of the publication of the accounts - but any deal has to get shareholder approval - and that is unlikely to happen until the ii's see those elusive accounts

A serious investor wouldn't need that explained to them - but then a serious investor wouldn't be taking Sky News as the font of all truth

"Also, what I paid is irrelevant. I make profit at 35p"

It can't be THAT irrelevant - because you keep telling us you will make a profit at 35p - and if you ARE (few on here believe that) - then you obviously jumped in just before the suspension - like many of us.

That doesn't really make sense - considering your consistent and unhinged attacks on the board - that is the behaviour of someone who has lost big on WG

And please don't use the 'transparency and fair value' meme - next thing you will be telling us that your rage against the board is all about 'the simple sword of truth and the trusty shield of British fair play'

This rage is damaging you - your therapist should really be explaining this to you

"I just don’t roll over like a weak-hand trader looking for an exit" - again - another contradiction - weak-hand traders looking for an exit - does NOT reconcile with someone who has made a profit SMH

"Some of us actually value transparency and fair value"

The market said fair value was 18p - that can't be what you want?

And what transparency is it that you want? What do you think is being hidden from you?

My therapy fees are 50 quid an hour - and I don't take payment in WG shares - for obvious reasons

'As for the deal, we still haven’t seen the accounts. That’s the linchpin. Everything else is noise until that’s out.'

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One minute you say the deal can't be done until the accounts are out - the next minute you say the board are trying to push through a deal before the accounts are out - SMH

You continue to sound very irrational - you continue to sound like someone who bought WG at a high price - and lost a lot of money

"Since suspension, we’ve had over £30m in disposals, multiple significant contract wins, and review completed with no additional findings"

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Praise for the board from IG - it must be Thursday - Friday's vie will most likely be different