The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Have a look on Twitter - Chris Ewart has posted one. https://twitter.com/572Chris
Hardman have it at 336.00. My own personal thoughts - they will be queuing up around the block to take it over so many multiples of that.......assuming they can get get the incredibly overdue machine working and signed off.
Chill winston, it looks like the judge is on holiday this week so i would'nt expect anything until next week earliest. Unless Steve and Zaza have had him taken out!
The shares in my ISA are showing at nil value where previously they had a value. So my question is where has that money gone? Where is the physical cash (the 40million market cap i guess when they delisted) we paid for those shares.
Cabin fever has set in! Come on guys and gals calling each other is not helping. We just have to be patient and wait for something from the company in time.
Hi Starrage, in my first post i was speaking generally that the interest payment had been stated in the original agreement in 2016, in 2017, and again in 2018 so anyone claiming they new absolutely nothing and were misled was not true. In the half year statement (Sept 2018) it was further stated that £1,500,000 was due. You are quite correct that the £2,000,000 default was to be paid in cash. Apologies for causing any frustartion - Honestly not trying to be a jerk. regards.
Correct Starage - The point being that the terms were agreed in 2016 either 10% in cash or 12% equivalents. No one has been misled or not informed or had information fraudulently withheld from them.
If you read the annual accounts for 2016 & 2017 you will see quite clearly that interest was paid in 2016 and also throughout 2017 on a quarterly basis. best regards GLA.
Is anyone else concerned or have any insights/information regarding the lack of communication? Having achieved the 52Mev the last timeline that I am aware of is that they hoped to have achieved the 230Mev by the last quarter of 2018.
Thank you for the update, much appreciated.
I have just spoken with a lovely lady from the Halifax and she said (Verbatim) - They are currently there (my ISA) and will stay there until we have further communication from the company. Hope this helps. ATB
For what it’s worth I would be staggered if we lost this case. From the small pieces of alleged evidence we have seen it appears obvious that he has not acted in good faith, used his position for improper purposes, displayed a clear conflict of interest and also tried to make a blatant (not even secret) profit from his position. In terms of breaching fiduciary duties he has ticked every box!
Excerpt from YJ post last week:-
-I have checked with LSE and this BB will remain active as long as posts still occur
mine are still showing in my halifax ISA showing nil value.
Sorry, Georgian not Georgina ha, ha, ah :-)
Hi Johnny, did you meet up with your mate? What did he/she say about the Georgina BP job???
Thank you Mole.
Yes I tried that but they caught me out when they realised I could not speak Georgian!
It looks like its for a front end engineering job.
I also notice BP are advertising for a new project lead based out of Tbillsi.