The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This is excellent. We're finally moving. Like electric vehicles, clean cultured meat will be another world changing trend whose time is coming. I will be topping up when I have some spare cash.
A lot of people gonna confuse Eat Just with Just Eat!
this is indeed great news and making headlines all around the world today. will go a long way to introduce the concept of clean cultured meat to millions of people.
Nice to see the SP edging upwards
Just bought in 2 weeks ago but feel the time is right for this type of energy/ESG stock. UK & Europe is moving to a cleaner greener future and once Joe Biden gets into the White House he will steer America that way too. Should give a further boost to INRG.
Fantastic news - finally! I'm wondering how the S&P tracker funds will get hold of all the shares required ($51bn) to adjust their funds if most investors hang onto their shares and if there's a time limit for them to do so?
At this rate Tesla shares will be $1k in 6 months time and even higher once all the factories are running and the new 4680 batteries push Tesla even further in front of their rivals.
wow! magnificent rise today. looks like everyone who said to buy & hold were right after all. haven't been able to get on here all day as the BB chats all crashed lol!
let's hope the SP breaks through 6p soon.
The EU is waking up to the benefits of cultured clean meat and has made it's first payment for a project - https://www.foodnavigator.com/Article/2020/10/14/EU-assigns-first-ever-funds-for-cultured-meat-project
@JMAX - you're absolutely correct in that a lot of Americans are receiving more money on benefits than working. My sister runs a recruitment company in California specialising in warehousing and logistics and she's struggling to find people to work despite lots of vacancies. People have walked out of their jobs to go sit at home and do nothing.
INVESTEC LIMITED NON-REDEEMABLE, NON-CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARES REPURCHASE PROGRAMME
Investec Limited (the "Company") hereby announces the commencement of a share repurchase programme (the "Programme"), in compliance with paragraph 5.72(h) of the Listings Requirements of the JSE Limited ("JSE"), in terms of which the Company may repurchase up to a maximum of 5% of the non-redeemable, non-cumulative, non-participating preference shares (Code: INPR) in issue ("preference shares"). Repurchases of preference shares in terms of the Programme will be made pursuant to and in accordance with the general authority granted to the Company by its shareholders at the Company's annual general meeting held on 6 August 2020. The general authority authorises the Company to repurchase preference shares during a closed period if the repurchase is done under a repurchase programme. The Company has received approval from the Prudential Authority for the repurchase of preference shares. No preference shares will be repurchased from directors of the Company.
The Programme commences on 29 September 2020 at the opening of the market and will end on the earlier of (i) the close of the markets on 15 January 2021 and (ii) the date on which the maximum number of preference shares to be repurchased under the Programme have been met. Repurchases will be executed through the order book operated by the JSE by the Company's authorised intermediary without any prior understanding or arrangement between the Company and/or its subsidiaries and the counterparties. Repurchases will be effected within certain pre-determined price limits with specific reference to the limits of the general authority granted by the Company's shareholders and in compliance with the JSE's Listings Requirements.
Preference shares repurchased under the Programme will be cancelled as issued shares and will revert to authorised but unissued share capital status.
The Programme may be discontinued at any stage during the period concerned and there is no obligation on the Company to purchase any preference shares during the period.
Battery day did seem disappointing as most speculators were expecting a huge headlining knockout blow that would push the SP into the stratosphere. Instead they got a lot of manufacturing improvements with payday coming in 3 years time. Nevertheless some of the figures presented were phenomenal : +54% in range and -56% in $/kWh battery costs. These figures however were just glossed over. Another puzzling thing is why Elon didn't hold up an actual 4680 battery despite showing videos of hundreds of them being manufactured. Surely a much hyped presentation about a revolutionary new battery should display at least one.
Be careful when investing in lithium - lithium is already plentiful and prices will keep falling as more is mined in the next few years which may result in a glut of unused supply. Nickel however is expensive and currently in demand, that's where the smart money should go.