Raven Prop P Discussion Threads

[redhorse2020] 29/1/2024 20:45

No harm in asking... I doubt you'll get that for the ordinary shares given the level of the last two trades along with the significant arrears on the preference dividend but who knows..? Best of luck.

[ravenrussia] 29/1/2024 19:59

Thanks all

I have now got access to the site and noticed that 5 pence was given to 200,000 shares

I wonder if it's worth asking for the same ..I pretty much bought at 5p

[redhorse2020] 27/1/2024 11:49

It sounds as though the underlying business has held up pretty well but even so I think any possible re-listing would be a very very long way off. A resumption of preference share dividends would be the first target but presumably even that seems pretty unlikely based on the very low value of the trades that have gone through since suspension.

[ravenrussia] 27/1/2024 10:37

Thanks for all the thoughts

Do you think it would re list if there was a peace deal

[pbaker] 24/1/2024 16:45

10 million ordinaries for £26k. Though I can see very little value in the ordinaries, ever. If it gave you a seat on the board a years wages could easily cover the out lay! Not sure if 10 million is enough?
The west need to push a peace plan in Ukraine. War benefits, Lockheed Martin and a few other companies but no one else.
A UN mandated territory for the occupied region with a plebiscite in 25 years time? It could work for both sides?
Peace in Ukraine and a resumption of dividends. I long for the day when the preference shares return to a London listing, I will use my future RAVP dividends (I can dream) to enjoy holidays across Europe.

[rahosi] 24/1/2024 10:44

Settled trades:
Date of transaction..Type of Share..Volume..Price (GBp)
28/06/2023...........Ordinary......200,023..5.1
31/10/2023...........Ordinary......300,000..1.1
21/12/2023...........Ordinary...10,561,294..0.2525
21/12/2023.........Preference.......13,059.11.45p

from

[redhorse2020] 23/1/2024 18:40

I don't think there is a definitive offer as such. You need to email the company with an indication of the number of shares you are prepared to buy or sell at a limit price and I think if they have a buyer at the price, they will facilitate the matched trade. The trades are published (I think there have been 4 in total since suspension) but I don't think the offers to buy or sell are published anywhere as far as I know.....

[ravenrussia] 23/1/2024 18:20

Thankyou

In a nutshell had anyone been on to the website and seen a definitive offer for our shares yet please ?

[redhorse2020] 22/1/2024 22:04

I think 4 pence was for the ordinary shares. I presumed that you were asking about the preference shares as it was on this board.

[ravenrussia] 22/1/2024 21:49

I checked through Google and it looked like 4 pence per share suspension

Got my documents and now just need to log on to portal

[redhorse2020] 22/1/2024 12:50

Presumably it's 20 pence per share, at least that's the last price shown above.....

[gfrae] 22/1/2024 10:55

Sorry cant remember.
Is it my imagination or have I read that an auditor has been appointed ? thought I saw that one had been but can see no mention of it on the website.

[ravenrussia] 17/1/2024 18:25

Lastly

Can anyone remember what price we suspended at please ?

[ravenrussia] 17/1/2024 18:24

How much did you get back or has that not been decided yet please

I am just waiting for a share certificate from my broker

[ravenrussia] 17/1/2024 18:23

Many thanks

Had immediate reply from Benn Graham which was reassuring

[rahosi] 17/1/2024 08:12

Contact Benn Garnham (Group Company Secretary)
07824 499411 [e-mail]

You must provide proof of holding (I emailed PDF broker statements)

[my retirement fund] 16/1/2024 21:59

Hi Ravenrussia, it looks like the directors have just taken their holding to about 31% with a large buy at 0.25 pence. That could mean they will make an offer for the entire company at that price per share.

I think if you email Raven Russia through their web site they will send you a password if you explain that.

[ravenrussia] 16/1/2024 18:59

Hi everyone

I have only just realised there was a matched bargain facility or a dividend

I bought Raven Russia just after Feb 2022

They are with interactive investor

I am a pensioner and have no idea what to do to access any information as their website asks for a share certificate

Any help would be welcome or have I missed the deadline?

[zangdook] 11/1/2024 07:32

I assume interest would be calculated from the regular payment date, which is specified in the Admission document:

Cumulative preferential dividends will accrue from day to day on the Preference Shares at a rate of 12 per cent. per annum on the Fixed Amount (being £1) from (and including) the date of issue and will be payable quarterly in equal instalments in arrears on 31 March, 30 June, 30 September and 31 December in each year

My understanding was that the dividend was paid just because they managed to get some cash. I would expect the sunsequent dividend(s) to be paid if they got some more cash, as well - it's in the directors' interests as well as ours as they're big holders.

[gfrae] 10/1/2024 21:12

Zangdook, I was jusy saying that the reason that dividend was for practical reasons and not because the dividend had been declared. But I see your ppoint and may be wrong.
Though I dont see how they can declare dividends months or years after the normal date....from when would interest be calculated ?
I think it is a relevant discussion...how and when dividends makes a huge diffetence to their value.
The underjying business should be doing well, and yhere is good chance of recouping value.

[tradertrev] 10/1/2024 14:30

Ok, to try and put this rather silly debate to rest. A while back I bought REA Holdings cumulative 9% prefs. These had at least a couple of years of arrears of pref dividends. When they declared a pref dividend that included some catch up of the arrears, I received it, despite having bought a long time after what you might call the "regular" pref dividend payment date. The ex div date follows the declaration of the dividend, not what one might call the regular payments date.
The dividend we received last year had already been declared and assigned an ex div date, which is why the dividend got paid to the accounts that held it at that time, not where they got moved to following cancellation of listing.

[zangdook] 10/1/2024 12:07

I'm not sure which part of what I said you think is not correct - are you suggesting the ex-dividend dates for unpaid dividends will already have passed even though they haven't been declared?

[gfrae] 10/1/2024 11:31

Zangdook, I am not sure that is correct. I think that that the reason that dividend was paid to holders was to keep things tidy ie it was possible to trade the prefs after the ex div date therefore there would be holders who were entitled to the dividend who no longer held the shares.
That would not be the case for subsequent payments. (or very few as seen above ).

[rahosi] 10/1/2024 11:01

Settled trades:

Date of transaction Type of Share Volume Price (GBp)

28/06/2023 Ordinary ...200,023 05.1
31/10/2023 Ordinary ...300,000 01.1
21/12/2023 Ordinary 10,561,294 00.2525
21/12/2023 Preference ..13,059 11.45p