Can’t sell this - please advise what will happen to my shares? Freetrade aren’t replying to my messages from weeks ago!!
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I guess this is to do with the takeover which will take the trust private. You can find various announcements from CK Asset Holdings about this via the link below:
Youll get cash in your account when the takeover completes at 80p per share. Date for completion will be available via the rns service.
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That date has been and gone, still no money.
Even had message from freetrade a week ago saying they would be paying the monies into accounts
.
Any ideas on holdup?
I got a pop-up in app saying that the stock has been removed and money added. However, I am not able to find that message anymore.
Also, this transaction doesn’t show-up in the activity list… again!
Bought some SOHO with money and have been adding to.
Was up 15%. Today up 2.5%. I have some decent dividends coming in so still buying.
9.4% dividend but freetrade can’t be bothered sorting out pid so minus 20%.
Recent update on property sales
PS … when they eventually arrive.
Week late so far.
Still not said what they are going to do with proceed from sale of 4 properties (£7,586,600).
Paying back debt would be plain stupid. Low rate fixed long term.
They are considering new investments but buy backs at 50% discount is the obvious best use.