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Hopefully that's the back of Blackrock. They had about 60m shares about a month ago so thought they'd be done around end of March. Perhaps they finally did the right thing and found a block buyer for the stock rather than selling destructively into a weaker market. The way the markets are right now, wouldn't surprise me if Blackrock need every penny as many funds, hedges and traders feel the pinch on the banking nerves. They said 2008 could never happen again due to regs etc etc. Mmm.... leopards don't change their spots. Once a casino always a casino. Let's hope that everyone doesn't realise the truth about the Fed Reserve as it's a case of emperors clothes. Transitory inflation?? Erm... no! Printing trillions of dollars... and hoping the market doesn't notice! They've created this mess... no one else... Powell hasn't got a clue and when the market decides on that... mmm... PoG to 10k?? SOLG should find the chinese more than welcoming as the Fed has made sure GOLD has been suppressed... another little chicken to come home to roost there too.
BNC/Pinot ...you sold out lol!!:):)
I was just about to post the same thing after a quick calculation. £2 is a rounded figure so it could just as easily be a sell (and the trade price suggests it could well be).
In more than 10 years invested here I don’t recall such a large volume trade. Somebody must know something. Question is, good or bad?
Hopefully the feckers will let it move up now!!
Either way it’d explain the tight trading range for the last few sessions…
Maybe, but given the trade is exactly £2m rather than a round figure of shares suggests a buy.
Trade gone through £2m
Maybe that’s been holding us back ….. sell maybe but if so someone must have wanted them…. Who knows??
Can we debate is this the catalyst that will satisfy the markets and increase our share price or increase the potential of a share holder stepping up to a jv or takeover
Assuming we have no further outcome of the strategic review
And second when would we likely get this signed
they didn't mention this bit about the LTA, which my understanding is that the 25% tax free lump sum is restricted to a maximum of £268,275, obviously doesn't effect :)
"The government will also remove the Lifetime Allowance charge from 6 April 2023,
before fully abolishing the Lifetime Allowance in a future Finance Bill. The
maximum Pension Commencement Lump Sum for those without protections will
be retained at its current level of £268,275 and will be frozen thereafter"
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1142902/Web_accessible_Budget_2023.pdf
No.
Is that ironic?
I'm guessing quite a few people on here will benefit from the long overdue scrapping of the Lifetime Allowance, which was the most unfair tax in the whole system. At last, a Conservative government doing something conservative.
Copperpot - funny but stick to the day job
Ho, ho!
Why would the shut the bakery? The community kneads the dough!
Good find.
'Community relations are as important as technical considerations'. Let's hope we haven't shut the bakery.
I think page 39 onwards for the mining sector in equador
https://mcusercontent.com/5d32fb3e3220791958e20ec4a/files/80867784-4132-fc01-d4d7-14554d320e94/LatAm_INVESTOR_Q1_2023.pdf
Q, I didn't get involved in your previous free speech debates and don't intend to now. But I'll make one point.
Laws exist to protect against much of what you describe. Anything which falls outside of that protection is completely legitimate. End of.
Yup. SVB, had the potential to be disastrous for the tech sector and thank god HSBC stepped in quickly (never thought I'd praise a bank)
My own view is that things are incredibly fragile at the moment and far too many macro issues are lurking in the background, thus making investing more difficult than I can ever recall. It would not take much to tip us over and western governments have very little capacity to cope with another emergency.
If Credit Suisse collapses next, that is a different ball game for European banking compared to SVB... and it looks like it could be starting to unfold this morning. The Saudis have said no more funding to rescue it....
we need our asset Sold or JV'd ASAP.. pull your finger out board.
“an” article even……edit post feature must be somewhere I expect, if only I knew where
Forgot to mention this was a copy and paste from to article signposted earlier from DBW
Examples, please.
Anyway, what I'm about to say is an argument against myself.
I first joined a financial bb (iii) in 1999 and have watched with interest how things have evolved. In all that time I've only come across two examples where someone has been persuasive enough to sway opinion.
The first was at QPP. There was a guy who quite clearly had an inside track and it was obvious people were being persuaded by him. Due to the fact I had some local knowledge I began to get suspicious and started questioning him. I was also able to establish who he was. To be frank, it stank. I sold up, incurring a 50k loss in the process, but at least I hung on to the bulk of my investment - unlike most. I then spent time on the bb explaining why I thought the whole thing was dodgy. I was a lone voice and was thoroughly reviled and attacked for my opinion. The poster continued with his stuff until the solids hit the fan and he was gone in a puff of smoke. It was gratifying that several of my most vocal critics subsequently apologised, many did not.
The other example was at SOU. There was a very persuasive and eloquent guy who had the ear of the CEO and posted the most ramptastic stuff. He was not doing it maliciously - he was duped along with many others - but people ended up hanging on his every word.
So yes, it is possible to sway opinion, but in my experience it's very rare indeed that someone gets away with it.
Convenient that you've not spotted anyone posting misinformation, add...
Once again, don't try to reframe this: no one is taking issue with speculation or opinion.