Member Info for 1.ARMANI

Same MaryBr190

Set buy 830 ..............got 821p

Very Happy to add

gla

Investing.com-- Anglo-Australian miner Rio Tinto Ltd (ASX:RIO) had approached U.S.-listed Arcadium Lithium PLC (NYSE:ALTM) over a potential takeover, both parties said in separate statements on Monday without presenting any financial details.

Reports last week said Rio was considering a takeover, which could value Arcadium between $4 billion and $6 billion, or even higher. Arcadium’s market capitalization was around $3 billion on Friday, while its shares surged about 36% after the report.

Rio confirmed that it was considering a takeover, but noted that the approach was “non-binding,” and that there was no certainty that any deal would be reached.

The potential deal comes as global metal producers rush to consolidate supplies of lithium, with demand for the metal set to surge from use in electric vehicles and a global push towards electrification in the coming decades.

The deal could potentially make Rio one of the world’s largest lithium producers.

Separate reports showed Australian Arcadium shareholder Blackwattle Investment Partners stating that any offer between $4 billion and $6 billion would undervalue Arcadium.

gla

Nicknaim, well done with your recent trades.

I sold some positions with Aviva 496p, after the interim ex dividend (11.9p)

I then bought the same positions after all the dealing costs were 23.55p lower!

Every investor has a strategy and now and again top slicing works for me.

gla

Morning Crossley

Bloomberg live iron ore price this morning 4:30am your time.

I live in Asia/ Bali.

Iron ore rallies above 100 USD as China vows to boost outlook.

gla

Iron ore rallies above 100 USD as China vows, boost outlook.

gla

China releases a wave of stimulus measures.

Mining stocks + 4%

Looking much better 👍

"I always wanted a Savill Row suit, if any wealthy people out there want to treat me."

Labour is about to open a 'Pre-loved' clothes shop !!!

The window displaying...... a dummy wearing a 50K suit!

A source close to the trough said we are overwhelmed with expensive gifts 🎁🎉🎁

2TK sends his warmest wishes to pensioners because most won't be warm this Christmas .

Correct 26.65p interim dividend

26.45p Divi 👍 👍

Onwards & Upwards

gla

Brent crude oil futures declined by 2.2% to settle at $71.06 per barrel on Friday, marking their lowest level since December 2021, as OPEC+ struggled to ease market concerns about global supply and demand. OPEC+ postponed its planned production increase of 180,000 barrels per day until December, which would have added about 2.2 million barrels per day to the market through the end of next year. Meanwhile, recent economic data from China and the U.S. revealed weaknesses in their manufacturing sectors, raising fears of declining demand. Additionally, potential increases in oil supply from Libya, due to political factions nearing an agreement, added downward pressure. However, an unexpected large drawdown in U.S. crude inventories—down 6.9 million barrels, far exceeding the anticipated 1.1 million barrel draw—provided some relief. Brent prices sank over 9% drop on the week.

From Sky news...truth or fake?

The US investor has teamed up with Patron Capital Partners in a effort to trump a rival offer from FTSE100 housebuilder PSN....SKY news learns!

LGEN which has owned CALA was expected to make a decision imminently about which of the two bidders to sell it to.

LGEN could yet opt to retain ownership if neither of the final bids for the HB match it's price.

gla

If there's any further retracement!

Support 388.50p

Support 364.00p

Ned M won't be around for long.....he's lobbying for his own booty account.

gla

Added 4.0655p

gla

My average after the ex div recently will be, slightly below 4700p.

Adding at today's price won't make much difference to my average.

If I miss out at this level so be it.

ATB

J07

Ex divi date for interim 12th Sept

Payment date 11th Oct

House prices index

Year on Year 4.3%

:)

UK house prices rose in August @ the fastest annual rate in nearly 2 years.

Pretax earnings guidance year end April 2025 of 525 million, 90% which is already secured through exchanged contracts.

Proposed special Divi to be confirmed later today.

gla

ZERO qualifications housing secretary preaching about a housing crises 🤣🤣🤣🤣