Re: Reason for today's price fall RE:Bribery probe.Ah well, no surprises there. Is it possible to do business in any of these central African countries (and many other regions of the world) without oiling the wheels of commerce in one way or another?
Reason for today's price fall [link]
Re: GLEN Chart looks very BULLISH I thought, I'll sell half my holding @400p, I'm bound to get a re-entry point about 340p or so at some point, lower still if the big crash finally comes around.What happened today? I'm well out of touch with commodity cycles having been absent for some months and it takes so long to catch up in this area. Is it the 'news' out of China that something of a downturn is on the way?Eadwig, currently holding two tranches @286p average.
Re: GLEN Chart looks very BULLISH So much for the technicals. Worst possible timing on today's drop.Cheers, RAC
GLEN Chart looks very BULLISH GLEN glencore...........looking a corker like most base metals. See how its broken out of the downward trend channel. Be careful with base miners as can be very volatile.<img src="[link]
Sterling dividend According to RNS no 0784N the Glencore dividend will be paid in £sterling to holders on the Jersey register. Why then is Interactive threatening to charge for the conversion?Last year's dividends were paid in sterling so what's changed or is this another failure on the updated platform?
Re: Guess the Divi is Happening Pinchers. see my post below. 10c on the 23rd May and another 10c in the autumn.Yes you can sell and still collect the divi. As long as you are on the register on ex-divi day, you still get the divi.
Re: Guess the Divi is Happening If they are paying back $ 2,900,000,000 back to shareholders, there are 14, 424,740,000 shares, that works out at 20 cents a share, or 15p a share converted to £. Approx £150 for every 1000 shares you have. Plus your normal divi of 10 cents per share. Approx £75 for every 1000 shares you have. Not too shabby, £225 per every 1000 Shares.Seems xd was 26th April, I assume you can sell your shares now and still get the divi?
Guess the Divi is Happening Resolution 2 by Special Resolution: To approve the Company's capital contribution reserves be reduced by US$2,900,000,000 and be repaid to shareholders99.99% Yes Vote[link]
Re: Weak performance From the Glencoe website.For 2018 a total distribution of $0.20 per share will be made if approved by shareholders at the AGM on 2 May. This would be payable in two equal parts in accordance with the record dates and timetables.Distribution payment date: Wednesday 23 MayPersonally, I intend to hold on to my shares. With dividends, I am showing an annualised paper profit of 6.1% at present.
Re: Weak performance It would really be useful if iii got their act together and actually started showing dividend information!
Re: Weak performance The potential $3 billion lawsuit in the Congo may have something to do with the drop don't you think?
Re: Weak performance No reason to sell. Stock has recently gone ex-dividend and it is normal for prices to fall around this time.
Re: Weak performance 'Likes going down a lot more than up it appears nowadays. Maybe we could see £3 again?'Thanks Clarence - last time you mentioned this only a matter of weeks ago the price shot up unremittingly to £3.80
Weak performance Likes going down a lot more than up it appears nowadays. Maybe we could see £3 again?