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Does anyone know what to do with Arcturis shares which are in my hl account, does it have any value. As unable to trade online
Yes, the shares still have value. Can’t be traded because the company has gone private.
Hi has anyone received proxy vote from arcturis data Ltd
What does it mean to shareholders can anyone shed some light pls thanks
It's for a share consolidation. Shows things are happening in the background, there's light at the end of the tunnel after all.
Thanks so should we vote for the consolidation?
In my view we should vote for it. However, I think its a done deal anyway since the concert party will support it. After passing of all resolutions, the company will have 42.5m shares of 1p each in issue.
What's the consolidation factor? My position is on freetrade, so had no correspondence.
And how do you read that action? It did get a bit clowny with the number of shares they had, so consolidating to make more attractive to institutional investors?
100:1 consolidation. So they are proposing a consolidation and a sub-division. I received a copy of the document and you are spot on micru. I quote ''The purpose of the sub-division is to reduce the nominal value of the Consolidated Ordinary shares to a level which provides flexibility for future issues of ordinary shares''
I hope we will be invited to participate should there be any future issuing of equity, otherwise we will be diluted to oblivion. Those who own less that 100 shares will cease to be shareholders following this proposed exercise.
In any case, I hope LTHs will be able to come out with something in the end.
Thanks!
Hope so too, otherwise, it's a bit ugly. As I understand, the concert party are protected from any dilution as they can issue equity to themselves however much they want (maybe I'm wrong?). What gives me a bit of hope is wondering if the NHS Trusts and other such similar holders are equally protected in this way - were they given some special assurances by Snow and others, that they are protected from dilution?
Best case scenario - consolidation is a sign of them getting their affairs in order and opening up shop to public trading again.
I was invited to vote, but didn’t get round to it.
In my II account still shows as sensyne with 100% loss I hold 3000 shares
Anyone else on II ?
It’s strange that it’s not showing as Arcturis etc?
Consolidation showing 100-1 as expected in my ii account.
Does it show as Arcturis on your account and the number of shares ?
Mine still shows as sensyne health 3000 shares
Could it be because I didn’t vote ? Surly not
Thank you
Mine still shows as Sensyne and shows the number of consolidated shares and consolidated value.
Thank you
So it’s probably same then
3000 at £1.83 is what mine is showing
Cheers
So it looks like they may relist. But when? And as has been said on this board, they'll probably fund raise.
>So it looks like they may relist. But when? And as has been said on this board, they'll probably fund raise.
I remember writing something like 'see you all in 2025' when it de-listed, looks like could be right. I think if we all survive to the end of this year, US elections could drive market sentiment quite a lot, and it will be more favourable to activity again.