Gasol Share Discussion Threads

[buggy] 17/7/2014 16:00

I thought so, but 3 calls to SELFTRADE and they seem to be saying something different.

I have further asked the question on Google and the consensus seems to be that they will be removed.

If so I can just hold in certificated form.... will cost me an extra £30 to get it certificated.

I would however be peeved if that means that I can no longer top up my ISA for this year as I have used the extra £3K that became available in June this year to purchase GAS within my ISA.

[teraferma] 17/7/2014 08:42

Cc That's my understanding as well.

[coincall] 17/7/2014 08:20

According to the ISA team at Charles Stanley, the shares held in ISA's will have to be removed at the delist date as it is no longer a regulated listing and no open market in the stock.

[teraferma] 17/7/2014 07:44

Someone's loading up, anyone confess?

[foxx999] 14/7/2014 20:16

Sure they're right buggy, I wasn't sure just assumed....

[buggy] 14/7/2014 12:56

Fox,

I asked that very question twice, before adding and was told that I could so long as it is still trading and once delisted I can just let it fester in my account.

I think I will phone and reconfirm.

EDIT:
I deal with SELFTRADE and they have confirmed again that it can just stay in the account after delisting.

[foxx999] 14/7/2014 11:57

Buggy, I've known about gasol for a few years, having been a long term Afren holder. Obviously I feel for long term holders here, but as a fresh punt there might be value here. As previously mentioned I held Sunderland FC shares on delisting and the worst thing I did was sell as people kept saying it was stupid holding delisted shares.... Within a year or so they were taken out at x3 price.As an aside, are you allowed to hold delisted shares in an ISA?? I genuinely don't know the rules, but have a suspicion they might make you transfer them out.Foxx

[buggy] 14/7/2014 10:50

fox,

Thanks for feedback, my sentiment exactly as I would probably not be able to trade these for about 3 years. Anyway for good or bad I have now placed my bets with 56,758 shares into my ISA.
I used the extra ISA allowance for this year on the shares, so willing to wait.

I have been reading through a lot of material on the company but realize that I do not have the same knowledge on the company as most of the resident holders.
From what I have been reading, I believe that they could start gas delivery next year?

[foxx999] 14/7/2014 10:15

Nah Buggy, all relative really... I've got about the same...I would definitely only chuck money in you don't need thou (ever)...so would you want more?

[buggy] 14/7/2014 10:01

Quick question for those holding.

I am thinking of chucking no more than £3000 at these. Do you think a holding of just about 50,000 shares is a bit small for a delisted company?

[gjd000] 10/7/2014 17:28

As in, there is still a market for them.....never said there was a Dyson involved....more like a Halfords 12v car-vac......

[cupra kid] 10/7/2014 17:15

'Someone is hoovering these up'! LOL!!!!

[gjd000] 10/7/2014 16:41

Teraferma, I believe they did. Someone is hoovering these up.

A good indicator will be a spike in price on the last trading day...

[teraferma] 10/7/2014 16:39

GjdI take your point especially as the delist was always going to happen seeing as they had majority shareholder approval.My point was more did they want that reaction, because someone's buying. All insignificant now.I intend to buy a few more prior to delist, I would imagine they already have funding lined up and then hopefully both projects should be up and running.

[omzy] 10/7/2014 16:18

RNS - 17/6/14

'To enable Shareholders to buy and sell shares, Gasol will be retaining the services of its Registrars, to facilitate any private transfer of Ordinary Shares.'

Anybody know who the registrars are or how to trade with them ?

[cascudi] 10/7/2014 16:08

thank you Bronislav for the info. i did not know that.
sorry for the ignorance
But how is it possible to take profit in the future (a part of dividend) if it is not possible to trade the shares? are you saying that is still possible to sell the shares with a broker?

[bronislav] 10/7/2014 15:34

Bcos you still have a share of the company and they must think that will be profitable in the future.

[bronislav] 10/7/2014 15:34

Bcos you still have a share of the company and they must think that will be profitable in the future.

[bronislav] 10/7/2014 15:34

Bcos you still have a share of the company and they must think that will be profitable in the future.

[cascudi] 10/7/2014 15:25

why today someone bought some share when it was already communicated that the company will be delisted?

[gjd000] 10/7/2014 11:45

Teraferma

That wouldn't have made a difference. The only difference would be that those that wanted to take a hit and sell wouldn't have been able to.

Holding suspended shares at a higher price is no better than seeing the shares fall, except maybe psychologically.

The value of the Company has not fundamentally changed, just the market's perception of the value of the Company. This is why they want to delist anyway.....

[teraferma] 08/7/2014 14:39

Question:

Could Gasol have suspended their shares prior to GM to decide delisting?
We have lost 60% of value since the announcement.

[foxx999] 08/7/2014 13:40

Just picked up a few. Gonna write it off and forget about it - but you never know - I've lost a lot more of 'safer' investments.

[racinglad] 08/7/2014 06:23

Hi I am holding as well. A few years ago, someone, who was close to the board, said that this Company would be bigger than Afren!

[bronislav] 07/7/2014 17:42

Tera....I sold out a while ago with a view to getting back in ....got my wishes really as 6p is a steal if they can move all the projects forward...