We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gcp Asset Backed Income Fund Limited | LSE:GABI | London | Ordinary Share | JE00BMFX6989 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 75.80 | 75.80 | 77.60 | 75.80 | 75.80 | 75.80 | 82,798 | 13:13:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 15.18M | 7.69M | 0.0181 | 41.88 | 322.62M |
Date | Subject | Author | Discuss |
---|---|---|---|
11/6/2024 14:03 | IG are more of an adult platform so that doesn't surprise me. Neither Barclays nor HL have the new ISIN showing to deal. | hpcg | |
11/6/2024 13:25 | IG are showing reduced holding and giving quotes for buying and selling. | fordtin | |
11/6/2024 12:36 | Me neither. II still showing my full holding under GABI but with the old identifier, so unable to trade. Wonder if any broker has sorted. | 2wild | |
11/6/2024 09:10 | Can’t trade (sell) at II | papy02 | |
11/6/2024 08:34 | First compulsory redemption completed. Redemption funds to be received by 24 June. "The Board announces that in connection with the initial capital distribution announced on 3 June 2024, the Company has compulsory redeemed as at close of business on 10 June 2024 (the "Redemption Date") on a pro rate basis 159,609,669 ordinary shares at a price of 89.66875 pence per share, which was approximately 37.5% of the Company's ordinary shares in issue. Fractions of ordinary shares produced by the applicable redemption ratio have not been redeemed and therefore the number of shares redeemed in respect of each shareholder has been rounded down to the nearest whole number of shares. Payments of redemption monies are expected to be effected either through CREST (in the case of ordinary shares held in uncertificated form) or by cheque (in the case of ordinary shares held in certificated form) by 24 June 2024..." | speedsgh | |
10/6/2024 21:57 | GABI closed at 78.2p this afternoon. Theoretically new GABI should start trading at 70.5p 8:00 AM Tuesday morning. Doubt many brokers will allow you to Trade,Until quite a bit later. 😉 We'll be interesting to see what the actual opening prices will be and how it progresses during the week. | 2wild | |
10/6/2024 18:16 | An interesting exercise tomorrow will be to look at the value of your new holding, add the cash you’re going to get on the 24th June and divide the total by the number of shares you hold this evening. Compare the result with this evening’s closing bid of 77.8p. | jam62 | |
10/6/2024 14:57 | It's helpful as it seems to be directly proportional to the degree of inanity. | chucko1 | |
10/6/2024 14:21 | If you're going to get your sock puppet accounts to upvote your post it's a good idea to wait a while/spread the votes out | williamcooper104 | |
10/6/2024 14:20 | It was an INCOME trust It's now all about capital reciepts - how much and when | williamcooper104 | |
10/6/2024 13:58 | So were two of Neil Woodford's! That did not mean you should take your eye of the ball, though. Each of them lost tens of percent. Not a relation of yours? | chucko1 | |
10/6/2024 13:11 | If it is that simple, then who is prepared to explain why a) AEET took the "frozen" approach, and b) I asked for further examples cementing the "simple explanation", and yet none posted (as yet). If you think this is the first occasion on where there has been a claimed documentation ambiguity, you would be 100% incorrect. And we are talking about massive and protracted legal disputes thereafter. In this case, although the amount disputed would be de minimus, we are likely to see a wave of these capital repayments from all sorts of ITs over the coming 2-3 years. The first two I have actively traded have been a virtual car crash, even with less ambiguous language. | chucko1 | |
10/6/2024 12:24 | The old / new ISIN means there is no arbitrage or mistake angle. The old ISIN is split into the new one and some money. A holders ownership rights transfer from one to the other. The settlement date is just a mechanical complication and not pertinent to the actual ownership at that time. It could be T+5 or T+1 it wouldn't make any difference. | hpcg | |
10/6/2024 12:23 | Is a very interesting discussion, because the market does sometimes get it wrong - eg @chucko1's example of VSL. If you can't trust the Record Date, then that has consequences for future corporate actions. | spectoacc | |
10/6/2024 12:22 | Yep - and if it doesn't interest you then you must skip reading it Not very difficult | williamcooper104 | |
10/6/2024 12:20 | I was under the impression that forums/bullet boards exist for the purpose of discussing fundamental/technica | jam62 | |
10/6/2024 12:10 | ... and if you ARE selling and trading, the opposite is the case. Are you hard of thinking? | chucko1 | |
10/6/2024 11:53 | WOW. Coming from the person that downticks nearly every post on ADVFN regardless of its merit that's incredibly rich! | theinquisitiveone | |
10/6/2024 11:28 | The difference here would be that it is the first corporate action I can recall where the Record Date has NOT been the sole determinant. As said above, why is GABI any different? But if anyone here can cite a (further) counterexample, feel free. It is worth noting that on the VSL capital return, a number of outlets cited the incorrect ex date and ALL OF THEM cited the wrong capital return per share amount. This was profitable to those who are unafraid to question things. | chucko1 | |
10/6/2024 10:35 | I must have misread the message from HL, and I have deleted it. In which case it is trading in the new ISIN which will be delayed by them until the allocation has been trued up. Either way, item 2 is clear, corrections will be make by brokers. Iy you sell today and then sell more of the new ISIN tomorrow than you have been allocated you will have to return some money. No one is losing out so I am not sure what the concern is? | hpcg |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions