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#1 LarryK

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Posted 05 October 2021 - 05:43 AM

So we’ve lost our money?
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#2 RBM

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Posted 02 July 2021 - 03:32 PM

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#3 Sleepwa123

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Posted 01 July 2021 - 05:13 PM

https://www.sharenet...eq=32&scode=NUT


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#4 Sleepwa123

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Posted 15 June 2021 - 04:53 PM

Not even a SENS to inform us of the suspension? These guys are a bag of fun.


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#5 sommerso

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Posted 15 June 2021 - 01:40 PM

No way of knowing when the suspension will be over. NUT needs to comply to JSE rules and regs first. Some companies stay suspended for years until they manage to sort the requirements (As well as themselves) out

 

 

So this wasn't a voluntary suspension? I thought it voluntary on account of the consolidation. Interesting... not surprised but interesting 


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#6 Hondsdol Jakkals

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Posted 15 June 2021 - 01:21 PM

No way of knowing when the suspension will be over. NUT needs to comply to JSE rules and regs first. Some companies stay suspended for years until they manage to sort the requirements (As well as themselves) out


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#7 sommerso

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Posted 15 June 2021 - 11:42 AM

When is the suspension over? 


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#8 sommerso

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Posted 13 June 2021 - 09:11 AM

They’re still suspended

 

Completely missed it I was looking through SENS to see if I could find it, but the last date I found was the 7th of June. 


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#9 CowboyTrader

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Posted 12 June 2021 - 05:05 PM

They’re still suspended
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#10 CowboyTrader

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Posted 12 June 2021 - 05:04 PM

They’re still suspended
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#11 sommerso

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Posted 11 June 2021 - 05:29 PM

Does anyone know why there is no activity on this share? I'm not 100% familiar with the consolidation procedures and it looks like its in some sort of suspended state for now?

 

 

As far as I know the suspension is done. I suspect the price at 25c is a bit ....excuse the pun..... high :) 


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#12 Sleepwa123

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Posted 11 June 2021 - 11:35 AM

Does anyone know why there is no activity on this share? I'm not 100% familiar with the consolidation procedures and it looks like its in some sort of suspended state for now?


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#13 Sleepwa123

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Posted 09 June 2021 - 11:18 AM

It might be a good thing considering that their main thrust is behind their canabis business.

 

But this business still scares me a little so I've maintained a very small holding in them just in case.


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#14 sommerso

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Posted 09 June 2021 - 09:05 AM

So last year NUT bought Ukusekela holdings. 

 

In March the CEO of Ukusekela was appointed as Exco of NUT, then 3 months later is the CEO of NUT. 

 

 

In the last 3 months, they've had the company secretary resign, the JSE sponsors resign and now the CEO with an IT specialist taking over the reigns of NUT. May we live in interesting times.

 

 

Nikhyle has a (Hons) DIP Software Engineering, Net Specialization, C++, RDBMS Essentials &
T-SQL Programming,HTML5, Professional Skills III, Web Application , ASP.NET, Business
Development and has attended a Master Growers course.

 

 


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#15 Hondsdol Jakkals

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Posted 18 May 2021 - 07:49 AM

NUTRITIONAL HOLDINGS LIMITED
(Registration number: 2004/002282/06)
(Incorporated in the Republic of South Africa)
(Share Code: NUT ISIN Code: ZAE000156485)
(“Nutritional Holdings” or “the Company”)


SHARE CONSOLIDATION FINALISATION ANNOUNCEMENT


Shareholders are referred to the announcements published on SENS on 24 November
2020 and 13 May 2021 relating to, inter alia, the consolidation of the Company's share
capital on the basis of 1 share for every 25 existing shares held ("Consolidation") and
to the subsequent announcement released by the Company on SENS on 12 January
2021 advising shareholders that the special resolution relating to the Consolidation
was passed by the requisite majority of Nutritional Holdings shareholders at the
general meeting of the Company on the same date.

Shareholders are reminded that for every 25 shares that they hold, this will reduce to
1 share as per the timelines set out below. The conversion table that was set out in the
Section 60 circular is available on the Company’s website.

The special resolution has been filed at CIPC on 17 May 2021 reducing the authorised
share capital from 25 000 000 000 shares of no par value to 1 000 000 000 shares of no
par value.

The salient dates and times of the Consolidation are set out below:

SALIENT DATES AND TIMES 2021

Last day to trade in existing Nutritional Holdings shares on
the JSE prior to the Consolidation Tuesday, 1 June

Date for trading in consolidated shares under the new
ISIN ZAE000298568 commences Wednesday, 2 June

Announcement released on SENS in respect of the cash
payment applicable to fractional entitlements, based on
the volume weighted average price of consolidated shares
traded on Wednesday, 2 June 2021, less 10%, by 11:00 am
on Thursday, 3 June

Forms of surrender for new certificates to be received by the
transfer secretaries in order for new certificates reflecting the
consolidation to be posted on Monday, 7 June 2021, by
12:00 on Friday, 4 June

Record date for the Consolidation at the close of business Friday, 4 June

Date that accounts of dematerialised shareholders at their
CSDP or broker will be updated and will receive fraction
allocation payments Monday, 7 June

Date of issue of new replacement share certificates,
provided that the old share certificates have been lodged
by 12:00 on the record date (Friday, 7 June 2021), on or
about (share certificates received after this time will be
posted within five business days of receipt) Monday, 7 June

Notes:
1. All times quoted in are local times in South Africa.
2. In respect of the Consolidation, shareholdings may not be dematerialised or
rematerialised between Wednesday, 2 June 2021 until Friday 4 June 2021.

By order of the Board

Durban
18 May 2021


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#16 swartkat

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Posted 13 May 2021 - 02:10 PM

Wonder if the consolidation 25x will increase the price to 25c ? 

only until I offer mine for sale at 24c and then when it doesnt sell 23c and then when it doesnt sell 22c and so on and so on


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#17 sommerso

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Posted 13 May 2021 - 09:22 AM

Yes, that is the idea the investment value stays the same just the price and shares change proportionally.... wonder if I should acquire some more.......  I only have a mere 1 million...and only saw the contracts now. 

 

I actually wrote this stock off a while back with all the Crypto news and the change of company secretary and sponsors. Let's wait and see what happens. Hopefully more good news!

 

In theory, the shares will be reduced by 25x and the price will increase by 25x so you should be holding 25x less stock for the same Rand Value. But then the true market sentiment will reflect and the price may swing wildly.

 

Things seem to be happening here. I hope the contracts announced earlier this week pan out. I didn't sell out my small position as there were too many shares on sale so might just hang in there.


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#18 Sleepwa123

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Posted 13 May 2021 - 09:05 AM

In theory, the shares will be reduced by 25x and the price will increase by 25x so you should be holding 25x less stock for the same Rand Value. But then the true market sentiment will reflect and the price may swing wildly.

 

Things seem to be happening here. I hope the contracts announced earlier this week pan out. I didn't sell out my small position as there were too many shares on sale so might just hang in there.


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#19 sommerso

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Posted 13 May 2021 - 09:00 AM

Wonder if the consolidation 25x will increase the price to 25c ? 

 

 


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#20 AMG76

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Posted 08 April 2021 - 08:49 PM

Anyone here get any further answers. I'm still waiting on a reply from NUT. And should be getting a email address for jse to ask further questions as well
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