George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Goodness knows! We can only hope that StopAnimalAgri is right at and some point soon the market catches on and the SP pops. The publicity in the main press at the start of the year pushed us up rapidly to 14p. Think what some sustained interest might do!
Hmmm, if they're currently buying back, they're doing it in such small amounts as to be imperceptible! Not long until the end of March. TBH the way it's been going lately, I'm expecting an RNS something along the lines of "due to unforeseen circumstances we've postponed/cancelled the announced buy back". Such a shame as ANIC has so much potential as a company.
Where?! I can't find any mention of 70% in the RNS announcement?
Seems like an odd thing to go to the trouble of announcing and then not executing on? Although I agree, it's upto £3mil, so could be £1, which wouldn't acheive anything. Surely at that stage though (i.e. no substantive buyback) you get into dangerous waters re stock price manipulation?
That’s my understanding (happy to be corrected). Each of the rns notifications for portfolio investment rounds is marked as insider information. As the company knows it’s making the investment presumably it’s prohibited from trading in its own shares whilst a deal is on going that could change the price.
Not sure it fully explains Anthony down playing things, but I think it’s does explain why we haven’t seen any buybacks yet despite being nearly half way through the announced period. 30million shares to be bought back over the next 3.5 months. That must nudge the SP a little….right?