focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
wondering if there may be an rns on that £1m buy over at klso. still no sign of them doing anything with the £3m raised. and maybe the paper purchase pushed them to go in again with a top up.
i know it could be anyone, just a thought, don't all get ****y at once.
"City AM's appointment of insolvency practitioners and immediate sale will come as The Daily Telegraph, its Sunday sister and The Spectator prepare to be put up for sale by receivers who were called in by Lloyds Banking Group last month."
Really start to change the face of yhe media, one paper at a time 😂
"People close to the company said, however, that the acquisition of City AM would provide THG with a series of commercial opportunities, while at the same time underlining the shifting boundaries of traditional media ownership.
Among the most significant motivations for the deal is said to be the opportunity to give clients of THG's Ingenuity digital brand-building and e-commerce platform - which include consumer goods giants Coca-Cola, Kraft Heinz, Mondelez and Nestle - greater access to a financially literate audience in the form of City AM's readership."
You would really hope the new directors etc would have seen all the missed targets and made the shift to under egging the targets.
Start smashing through them rather than undershooting and giving some leeway for a drop back due to the Macro environment.
Https://www.lse.co.uk/rns/OCDO/ocado-and-autostore-settle-all-litigation-69l2cucac4tve1q.html
OSG I hold a decent number of KLSO and I agree with you on their incredible possibilities for anyones future portfolio if they have patience to stick with it.
Possibly an ideal SIPP investment, stick it in and forget until retirement. Who knows what it will be worth in 30 years. A few hundred thousand shares now for only pennies each. That was my take anyway.
LD1973
https://twitter.com/TheCitySpy/status/1674807042802868226?t=Pg0RN19sYjgCOr6j9Lefyw&s=19
In the replies.