The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
SO - yes the Data Room point is BS - I have just sold my business, so know from personal experience, and anyone who thought about it for a millisecond would realise you can't stop doing business whilst selling the company. The buyers would be able to completely shaft you !
Good call on the carbonates aduk!
Good fun innit!
Aduk- strangely the carbon content of a human cell and an amoeba will be broadly similar, but the skeleton is relatively lower in carbon due to high mineral levels.
CO2 leaves an amoeba by diffusion, not osmosis by the way.
Biology is fun
Nice infografic!
Aduk, most of the carbon in a life form is found within the fats, proteins and carbohydrate that make up the structure of the cells - carbon chemistry is called organic chemistry after all. The skeleton by comparison has a high mineral content calcium etc 60 to 70%
Drivel
What has the skeleton got to do with it? There’s just as high a percentage of carbon in an amoeba as there is in a vertebrate. Probably more.
Let’s hope there is a rabbit in the hat Kirk. I have followed the company through thick and thin and been to many of the events; I know this is O&g exploration but I think my trust and goodwill has been exploited. Hope there’s a last hurrah and we can enjoy a last beer together
Hi Kirk, it’s true that people are speaking with too much heat, but it also seems to me that James Parsons has really pushed the envelope of what is acceptable. It was fine for videos to be shot when it suited the company, and I can see no conceivable reason why it is now different. Anything that is said at an AGM is in the public domain, after all.
It is said when commentators overstep the mark, but people may have lost out big style and James seems to have done very well. I have been a huge supporter of what I thought was being done here, but like many am holding my breath that something can be retrieved.
Having run a number of businesses with ethical management at the top of each mission statement there is no way I will follow Mr Parsons anywhere else
I presume their portfolio balancing rules mean they have to do that?
Know what you mean Lelo. I have an acquaintance who has just jumped on the ER bandwagon. She owns a ski chalet in the French Alps and in addition to that, in a 12 month period will make 4 long haul flights to do yoga in the Himalayas. She is now setting up a business to take parties of spoilt rich people to do likewise.
There are lots of plausible reasons for this, from mitigating brexit, to spinning off Sidi Moktar etc.
However, from my linited knowledge setting up a NewCo like this MAY also be a prelude to a sale\restructuring\bringing in investors or partners. For exanple iff the sale was to a consortium, then newco might be needed to falclitate this.