Member Info for Wolster

"I've been critical of EUA before, jumped out until I felt confident...managed to buy back in a few days before suspension, not that I thought it would happen that soon after my buy."

Oh how glad we are to have you back Elenor (& you didnt bring Sam with you) so how much did you have to pay to get back in, before your pride caved in & admitted YOU were the one in the wrong & the more informed posters (rampers to you) were on the correct line of thread.

Sound advice provided from Elenor back in November below

"1. Dont see the rampers here anymore
2. Countless times I've seen...shares in sticky hands, clearly not
3. Countless times I've seen...deal tomorrow...clearly not
4. Countless times I've seen cries of..."its the assets" only matters if people want the share.
5. Let's face it 40% was bought on ramps and traders trying to "get in for the buy out"
6. Silly predictions from 20p to £1 "imminently"
7. I hope the people that descended on me last week apologise...not holding my breath."

Where Elenor is our apology for backing a share we believed in whilst you & the rest of the weak pansies joined the de-rampers & tried to ill advise folk to get out of this share at the 2.7p panick moments.

I call your advice out to be utter tripe - belt up for a change.

You are only back in because your idea of investing is to punt a couple into the riser board, before causeing a stir & cry of pump & dump - just do one.

Yep, also given the rushed nature of proceedings after tweetgate - you would expect it to be the first offer.

Therefore after re-rate, it may be a tricky call sell on the new high or wait for new offers.

Personally i'll be looking to offload only my trading account stake in the most tax advantageous manner (the rest can ride) pre or post 5th April (so I suppose I can drag out a sell as long as the end of March - to give counter offer a chance)

Warrents get no Divy

Lets work on this basis (since its the only price information listed on the company's website since suspension)

Reference only mention MT - so we could assume the original plan of WT to carry on (after all the company HQ now moved there).

Therefore $2Billion x 0.77 Exchange to Pounds - less a heafty bank commission +legal costs.

Less Capital requiremnts of WT = Divy.

Neither was Amerisur (as much as I hate mentioning that company)

Just be aware that the Bed & Isa trasaction is a chargeable event.

Because they Sell your trading account shares to generated 20k Cash (chargeable), before using the 20k cash to buy in your ISA.

Yep dated 6th April or later would be perfect (& then just sell a few in the current tax year)

Nope im stating CGT rules Dividends are treated as income tax & treated totally separately (& probably alot more tax to pay than the CGT route)

CGT is only incurred (in a share trading account/not ISA/SIPP etc..) on a chargeable event = sale of share (would include sale of company, as shares are then sold).

At that time point you have a charge.

Whatever profits you make (ie..less costs in buying) are chargeable.

Knock off £12k tax free annual allowance, knock off any CGT losses incurred in prior years (these must be registered with taxman for those years (i believe you can go back 4 yrs here to complete old loss making returns) the remaining figure is taxed.

10% on that element considered lower rate, 20% on element considered high rate.

Given the tax year ends 5th April it maybe possible to stagger your sale over 2 tax years & gain 2x 12k allowances & 2x Lower rates.

Dividends are added to income (along with PAYE etc..) but you do get a £5k (less now) divy allowance before becoming taxable.

Divy will be very costly vs a CGT bill.

CGT on residential property 18% / 28%

on Shares 10% / 20%

So defo CGT vs Divy is the way to go.

Id try to split any sales from my Trading account over 2 tax years to assist with cgt bill, so even if something is announced - id hope formal sale is after 5th April.

AS for the rest - who knows, maybe a bidding war ? depending on news.

What I love is when 10 weeks ago people on this bb were predicting we had a 60p company on our hands & then a well respected broker comes up with the same figure.

Seems like the bb is doing its job & all we gotta do now is identify clowns & clumpets (welcome Johnny2207) trying to shake investor confidence, while we await our re-rate.

Whats with these idiot posters who raise this everyday at 3.30pm - just look back over other trading days at about this time ffs.

Could do with it being sold after the tax year tbh - give me chance to move a little more from the trading account over to the Isa - not to mention another 12k tax free + maybe a tell your boss to do one (& therefore no paye for 20/21) - would leave another 50k in the lower rate band at 10% CGT vs 20% CGT - always nice :)

No tweet denial tho either :)

Best remove those Sell orders first thing, we were all putting on shares during the drops at one point (thankfully I took mine off - even tho they were at 50p :)

Indeed read the "RMS" & dont forget the "Flaps" :)

I think you are always most vulnerable the minute you buy into a new stock (esp if its on the riser board) you never can predict optimal timing - only good stocks.

Anyway we all had to suck it at the 3p to 4p level the same (which is why most of us are so harsh on derampers now - they caused some alot of stress)

Here he is my little life raft, regular Sipp contibution arrived, just as late to the party as some of the botflies - bloody 6.86p where were you an hour ago typical :)