ripley94
13 Jun 2019
Takeover going on early 2018 and concluded around summer 2018 , price fell to 0.12 19th November 2018 , back @ 0.22 now .
ripley94
23 Feb 2019
Newfield 0.21 Dec as below ( should of taken 50% ) now 17.5.. £ 5413.
ripley94
14 Dec 2018
NEWFIELD WELL UP SINCE FROM 0.13 TO 0.21 BIG SPREAD ( 4205 TO 6788 ) ON TRANSFER LOOKS LIKE 4087 MAYBE SHAKING OUT OLD AIM HOLDERS .
ripley94
25 Nov 2018
Not done very well since May when around 20 c RNS today ( E-Mail sunday night 10.30pm ) no improvement stuck around 13 c
ripley94
21 Jul 2018
You can not get this board up on ii and it is difficult getting it to show up on London south east but there are messages on that site about it reissuing shares someone mention 7 p
ripley94
15 Jul 2018
Looking to see if i can find my old ii posts last here 12th March 2018 . have no idea how this has been since takeover.
Frogboy
31 May 2018
Re: Is This Still Active? No probs. Interestingly newfield now at 20c. Still no sign of my stock in iii account though.
Ewan Hoosami
15 May 2018
Re: Not so good... We were never promised 12.5p/share. That was based on the value of NWF shares on the day of the offer. Post-rights issue this dropped to a theoretical 9.7p and subsequent pressure on the sp has brought us here. When STEL shares failed to hit 9p after confirmation of the Newfield bid it was clear that an all-paper offer in a small, illiquid overseas company wasn't so attractive to the market in general, and when the rights issue wasn't particularly well supported it made me temper my expectations for larger gains. Hopefully you're still ahead of the game, if not so far ahead as you'd expected.
RhymeSketch
14 May 2018
Re: Not so good... Looks like the proceeds from my share entitlement of 170 will be nowhere near the £1.237 I invested. So I have already come to terms with the fact that this is going to be a write off. Can't see the point in wasting mental energy on this lost cause.Wishing all other investors on this board the very best of luck. I think we're all going to need it.Cheers!
HPC Follower
14 May 2018
Not so good... We were promised 12.5p a share to merge with NWF... but this will be nearer 7.5p now that the NWF share price has dropped to A$0.18p and that's before most of the STEL share holders even get their NWF shares to sell... NOT GOOD
RhymeSketch
11 May 2018
Re: Is This Still Active? Many thanks for your response frog. I really appreciate the response I have got so far from this board. Things are getting a bit clearer now. I hope this message board will keep going for some time and not shut down as it is nice to be in touch with others who are in the same boat as I am.Cheers!
Frogboy
11 May 2018
Re: Is This Still Active? Your original stellar shares will be replaced by newfield resources at a rate of 0.762 new NWF:ASX shares per STeL share previously held. If the NWF price of 17-18c holds its a nice premium to stellar price when it was taken over. Right now I don't think you can do anything by wait. Frog
RhymeSketch
11 May 2018
Re: Is This Still Active? Following on from my previous post, please consider me totally ignorant about takeovers by foreign parties, how it affects shareholders living abroad, how they should deal with it, etc. I would also like to be enlightened on who holds the key to accessing my original shares. If there's an appointed broker, would they be dealing with the original shares plus the entitlement ones, or would it be just the entitlement shares? If so, how could I access the original shares which have disappeared from my selftrade portfolio? Please pardon my ignorance.Cheers!
RhymeSketch
11 May 2018
Re: Is This Still Active? Thanks to you for such a prompt response. Please pardon me if this sounds stupid, but did you mean my present broker Selftrade or would there be a UK broker dealing with this matter and if so, will they get in touch with us the shareholders without us chasing after them? Selftrade have already informed me that they don't deal with ASX. Would your advice be to sit still until we receive some form of communication from whoever is dealing with this?Cheers!
HPC Follower
11 May 2018
Re: Is This Still Active? The broker(s) should give you the options, III say in 6 weeks once the replacement NWF shares are temporarily held somewhere.
