RE: Tosca suspend dealing in fund containing SLE12 May 2024 11:35
36800, you have naively over other investments in the same fund that san leon are in principally talk talk in which Tosca have invested £2m. this should be compared to the approximate 5m (using the sp when the share price at the time of suspension) that Tosca has in san leon. all this information is available on Bloomberg. so what's up with talk talk? again this information is easily available if you bother to look.
TalkTalk is in the process of breaking up and selling off parts of its business as it grapples with a £1.1bn debt pile. The recent rise in interest rates mean the company is bracing for a sharp increase in its borrowing costs when it refinances these debts early next year.