focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Hi Edward, yes, if you have 19,700 (approx) Las shares then you have a stake in 1000 BISI shares. So approx 1000 shares bought in BISI would cost you around £3600 and 19,700 LAS shares around £5000. BISI pays a divi, LAS doesn’t, at the moment.
I’ve made another small purchase here today, this time for my daughters child ISA. I’m trying to make her wealthy so she spent lots of money on me in a few years time - which would basically be the opposite to how things usually are!
…wow, £14M is a huge increase. It’ll be interesting to see what this does to LAS too. I think LAS could be big beneficiaries of BISI distributing special divis (if they go down this route) as there 4.4M of BISI shares will give them a great cash boost.