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Snail368's Recent Activity

  1. Snail368 liked 35B's post in the thread Lynton and Barnstaple - Operations and Development.

    It will.

    Mar 27, 2024 at 3:47 PM
  2. Snail368 liked Michael B's post in the thread Lynton and Barnstaple - Operations and Development.

    There should be (further information) when the Trust Accounts for the year ended 31 December 2023 are sent with the notice of the AGM and nominations for Trustees in about a fortnight's time. Examination of page 20 of last year's accounts...

    Mar 27, 2024 at 3:47 PM
  3. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    Tobbes has supplied an interpretation of what has been published. This is interesting, but it may or may not be correct. One thing I've learnt over the years is to get a full (or as full as) understanding before reaching conclusions. It will be...

    Mar 27, 2024 at 12:21 PM
  4. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    As the published potential share issue was greater than the number of shares actually issued, this is a rather odd statement to make.

    Mar 26, 2024 at 7:33 AM
  5. Snail368 liked DaveE's post in the thread Lynton and Barnstaple - Operations and Development.

    I should imagine this is the sentiment of most who have bought shares, it was to enable the railway to obtain an important part of the whole, not to make profit.

    Mar 26, 2024 at 7:32 AM
  6. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    I suggest that we wait for hard facts before speculating.

    Mar 25, 2024 at 5:52 PM
  7. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    You’ve lost me here!

    Mar 25, 2024 at 5:22 PM
  8. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    It’s a story that never ends well… (pun intended)

    Mar 25, 2024 at 5:10 PM
  9. Snail368 liked Breva's post in the thread Lynton and Barnstaple - Operations and Development.

    Unless you are in the leveraged buyout industry (eg our water companies) :D

    Mar 25, 2024 at 5:09 PM
  10. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    Technically speaking the loan is treated as payment for the shares - is converted in other words. Companies can of course (subject to a resolution at a EGM or AGM) buy back shares as well.

    Mar 25, 2024 at 5:07 PM
  11. Snail368 liked 35B's post in the thread Lynton and Barnstaple - Operations and Development.

    Agreed. But loans can be converted to shares. Which would seem rather odd.

    Mar 25, 2024 at 5:05 PM
  12. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    You can’t convert shares to a loan.

    Mar 25, 2024 at 4:15 PM
  13. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    Absolutely right!

    Mar 25, 2024 at 4:07 PM
  14. Snail368 liked Miff's post in the thread Lynton and Barnstaple - Operations and Development.

    In the interest of both shareholders and lenders, isn't it better to repay loans before issuing dividends?

    Mar 25, 2024 at 4:06 PM
  15. Snail368 replied to the thread Lynton and Barnstaple - Operations and Development.

    Nope. Totally wrong.

    Mar 25, 2024 at 3:58 PM