They only just created an account so must be app.
Anyone know if owners of GME get voting rights on Freetrade? The GME share recall is on with the ārecord dateā being 4/20. (Also nice to see that the meeting is on 6/9! Well played, Gamestop! )
Looking up share recalls, itās important to ensure all GME shareholders make sure the stock hasnāt been loaned out to shorters:
I asked free-trade and got this response.
- Our shares are not lent out to anyone.
- We will not be able to take part in any shareholder voting (but they are looking into it for the future)
Hope this helps.
Yes, see my comment below.
The good news is that the reason for recalling the shares is covered by Freetradeās response. All we really want here is for people to stop their shares from being loaned for shorting purposes. If more shares are recalled by their owners for voting purposes than there are issued shares, the fun will really start.
Is the shareholder voting not allowed because itās a US company?
I canāt find it in my message history but Iām sure I had Just Eat shares I think and received a message before their merger about making a vote on something.
Ok found it, I know this is a merger but isnāt this shareholders exercising their voting rights, wonder what is differentā¦be good to understand why this isnāt possible
Trading 212 have said the same thing
Hiš
Quick update on the Just Eat take over.
You may have heard in the news that there are now two takeover offers for Just Eat:
Offer 1
Cash takeover by Prosnus N.V.
Outcome
Youād receive Ā£7.10 per share held in place your Just Eat shares.
Offer 2
All share combination by Takeaway.com
Outcome
Youād receive 0.09744 new Takeway.com shares in place of each share held in Just Eat. Shares intended to trade under the new name of Just Eat Takeaway.com.
How it works
As a shareholder of Just Eat, you are able to elect to accept one takeover offer. If enough Just Eat shareholders elect to accept one of the takeover offers, it will become compulsory.
Unfortunately we are currently unable to support Takeaway.com shares on Freetrade as they are primarily listed on a Dutch exchange and priced in Euros which we donāt yet support.
This means you are unable to elect on the offer by Takeaway.com (offer 2). If offer 2 were approved, you would need to sell your Just Eat shares.
What are your options?
You can either elect on the take over offer by Prosnus N.V (offer 1) or decline the offer.
To do so, please fill in the below election form by 4:30pm 9th December:
https://forms.gle/removedā¦
Please ensure you complete the form with the email address linked to your Freetrade account
We will be in touch after the 12th December to confirm your election has been placed and with the results of both offers.
Any questions just buzz us!
Best,
Dā¦
Donāt watch the number of shares, I was only starting out
I was just told that they were not āoperationally set upā to do so.
How can we ask Freetrade to recall our/my shares and am I allowed to vote or does Freetrade do that on my Behalf?
Your shares donāt get lent out so wonāt need to be recalled.
Iāve read on here that thereās no way to do voting (currently). I donāt think theyād be able to build that into the system by the 20th if thatās when the vote is.
All we really need to worry about are share price limits, I think. Cos if it does, hypothetically, go over and they remain thereās going to be a lot of unhappy customers.
Has anyone seen at this?
Probably a hedge.
Whoever it was they are betting against the market. GME beta last check was -6.7r aw -4.1 adj(updated on 9.4) If they are right, high possibility GME will launch soon.
What do people think about the potential GME squeeze in comparison to AMC. I assume that if one has a short squeeze, the other will pop off at the same time ?
It would seem that most people think that GMEās position is more extreme than AMC although both are considered to be heavily shorted.
Hello and welcome. I personally believe that GME will squeeze higher by orders of magnitude. This is due to the fact that AMC has a lot of debt and had to borrow to survive, issue stock etc. The unique thing about GME is the fact that only 70 million shares exist and they have more cash in the bank account than they owe in debt. That ratios of shorts to actual stock is they key. Plus GMEs corperate story is stronger (cash generation)
But amd maybe shorted by the same people, so it may be a chain reaction
Imagining what Iāll be like if GME pops off and thereās a delay to AMC being margin called. Would let me put my GME gains there and multiply them, but I can only dream of the cards being dealt that way.
IF GME flies, there will be plenty of discounted stocks available to snap up with your gains.
I hope they sort out the 25k limit before it takes off. I donāt understand why they have it in the first place, do they have a 25k buy limit? Wouldnāt they get way more profit from allowing 2% of a few big transfers than allowing 100ās of little transfers where the price is going up and down?
I think there is a higher chance it reaches $25, than $25,000