De-listing Well, They are being suspended on Tuesday and delisted from AIM later in the week, so its last chance saloon if anyone is going to grab some more beforehand. I may do so on T+20 with TD, taking advantage of having the account.
Halifax - Frankfurt Exchange Just spoken with Halifax who had previously advised via a Important Notification that they would endeavour to transfer the Regent shares to the Frankfurt exchange.With 'endeavour' being the operative word I asked what would happen if they were not able to transfer shares to Frankfurt and was told that given the complexities involved there was not any more advice available at present but that if Halifax could not transfer shareholders would be informed.A little bit at a loss with what will happen noe. Will I get paper shares if Halifax cannot transfer to Frankfurt? Any information anyone can give will be appreciated. appreciated
Re: Trading the HK listed shares im with TD they say they will trade and list regent pacific listed as 575 on the honkkong X change
Trading the HK listed shares Had a note from Selftrade (Equiniti) that they will not support trading of the regent pacific shares, and instead will return certificates to me. Anyone happen to have a shortlist of some UK brokers who will sell these at low cost as a one off?Frustrating as had these in an ISA and would have been happy to continue to hold.
Takeover vote Jim Mellon tweet @ 13:14 today"I am excited that the takeover of Plethora was voted affirmatively; OI attended the meeting yesterday. Also excited about news on 3Legs!!"Not sure what he means with reference to 3Legs?I bit undecided whether or not I should just sell my holding @ 10p or retain the shares in Reagent Pacific but as I trade with Halifax they would be on Frankfurt exchange not Japan so not very liquid - its only a small holding now anyway around £3kI wonder whether worth trying to get hold of some Reagent Pacific shares with another broker...bit undecided on Plethora future but it would seem strange that Jim Mellon would waste his cash to buy out Plethora if he did not think he was going to make some very good money. So can't help but feel if I sell now will regret reading about Plethora's product making millions worth of sales in the coming years.I already missed the boat on this share when I held £10k bought at 2pence then sold a month prior to the SP hitting 20 pence...I was not a happy camper...just my luck! :-/
Re: Selling on HK exchange I forecast the mm will lower the price to accumulate more shares on the cheap from those not wishing to trade hong kong and who decide to get out ,,,,my self i've increased my holding and insured my new holding will be in lots of 10,000
Re: Selling on HK exchange Just found the answer to my own question, 15.7076 RegentPac per PLE share. That means e.g. 10000 PLE = 157,076 RegentPac, so I am curious to see if the odd 7076 in such a case will be returned as cash or not.
Selling on HK exchange I can't remember the terms of the takeover - too busy to search the RNS's - is it 1 PLE for 1 RegentPac?Reason for checking is that on the HK exchange shares must be traded in multiples of the Board Lot Size, which is 10,000 for Regent Pacific. I'm not sure how easy it would be to sell if you had an odd amount that wasn't divisible by 10k shares. I am guessing that on conversion the broker holding the PLE shares would just return the cash equivalent for the odd PLE shares.CheersLindsay
Re: ripley 94 Sorry staffai.must have read your post yesterday to fast when you said you brought more, now see you were referring to another stock.Lets hope same happens here.
ripley 94 15/10/15. 10p
Re: HK Share Dealing forwardloop So you think the 6 pence gap (hypothetical at this stage) is there to compensate for the uncertainty? Plausible I guess. I think Jim Mellon has already bought some at around 2-3 pence - would that not signal it will infact go ahead given his notable standing in Reagent Pacific. Although makes you wonder why someone connected to him wouldn't just snap up all shares possible in the market at 3 pence and make a fortune.My broker is the Halifax. They just said they will try to convert it into Reagent shares as traded on the Frankfurt exchange but I will probably lose out with some conversion fees etc no doubt and then there is issue of selling them on that exchange
Re: HK Share Dealing DittoI have TDI investing holding which they can deal on.I have Idealing ISA account where they can't. They will provide certificate in Regent (£25) which I can transfer to TDI. Time looks to be too short to do an inspecie transfer (ie direct electronic ) Gap in share price (3p vs 9.8p HKK ) is in my opinion due to :- Takeover conditions. PLE was effectively bust if it did not transfer. How sold is the new relationship ? There will be a discount applied but what is value?- HKK re listing and difficulty dealing in UK. People have been crystallising their losses rather than have a small holding in a foreign account in a co they know nothing aboutFWD
Re: Dumb question but... Still a bit perplexed with regards to my original questionHopefully someone reading can make me a bit wiser
Re: Dumb question but... staffiaiwhen did you buy and how much did you pay ?
Re: Dumb question but... when vmoto delisted in london the price fell steeply in london but not on the asx so i bought more gain 90% .