Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Drahi selling BT to cover his debts.
If you had a variety of assets to choose from to sell and cover your debt would you sell BT off for 113 after paying nearly 160-170-180? IMHO He is in for the long haul until someone comes across to make it worth his while like DT averaging down.
Https://www.adsadvance.co.uk/bt-lands-british-army-networks-contract.html
had a look at rules governing limited companies regarding influence and who can hire and fire etc.
if drahi was allowed by law to have controlling interest he would have been in charge now. i believe his holding is now 24.5%. it seems like a ****ed rifle waiting for the right moment. who knows? i wonder if there is some deal brewing with deutsche telekom where drahi could get on to the board with more influence? reading drahi's past he does not appear to be the investor type. looks like a summer of more rumours that should help the share price.
looking more positive than a few days ok. roll on £3
for what its worth here's the rules on a psc.
more than 25%
the register of people with significant control (psc) was introduced in april 2016 to improve corporate behaviour, deter money laundering and help to sanction those who hide their ownership or control of uk companies for the purpose of facilitating illegal activities.
a psc is a person who:
holds, directly or indirectly, more than 25% of the shares
holds, directly or indirectly, more than 25% of the voting rights
holds the right, directly or indirectly, to appoint or remove a majority of directors
otherwise has the right to exercise, or actually exercises, significant influence or control over the company
has the right to exercise, or actually exercises, significant influence or control over the activities of a trust or firm which is not a legal person, the trustees or members of which would satisfy any of the four conditions above
for most small companies, their pscs are likely to fall into the first and second, and possibly the third, category above. the fourth and fifth categories are typically associated with more complex corporate structures.
once you've identified your pscs, you need to record their detail on your own psc register and inform us.
the information you must obtain, confirm and enter on your company’s own psc register, will depend on whether the psc is a person or a registrable relevant legal entity (rle).
if, for some reason, the psc information cannot be provided, other statements will need to be made instead to explain why the psc information is not available. the register can never be blank.
Vodafone and CK Hutchison are close to agreeing a £15bn combination of their UK telecoms businesses that would create the country’s biggest mobile operator, with 28mn customers, three people close to the matter said.
The deal is expected to be unveiled this month following the appointment of insider Margherita Della Valle as Vodafone chief executive after months of uncertainty on who would run the UK telecoms group on a permanent basis, they said.
The deal is set to value the equity of the combined group at about £9bn, some of the people added. The new company would have roughly £6bn of debt, taking its enterprise value to about £15bn.
It would set the stage for a protracted political and competition fight as the deal would mark a historic consolidation of the UK market to three mobile operators — something that regulators have previously blocked.
https://uk.finance.yahoo.com/news/unresponsive-freeholders-holding-ultra-fast-142249579.html
Here's the person responsible for delaying BT Equinox 2.
https://www.youtube.com/watch?v=X69Gts1QTYo
A person close to the discussions said any transaction could take place through Liberty, which is chaired by “cable cowboy” John Malone, its full-fibre joint venture Nexfibre or a new separate entity, as well as VMO2.
They added that a transaction could include debt, but that Liberty had a cash pile of $3.5bn (£2.9bn) that it was ready to use.
https://www.broadbandtvnews.com/2023/01/05/exclusive-liberty-jv-hellofiber-confirms-withdrawal-from-german-fibre-optic-market/
Have fallen away. Low volume = Lack of interest.
No Drahi news, summer holidays, BT in the process of Installing fibre, Media Hype, etc.
When there are low volumes the price is adjusted accordingly to generate interest to keep the instrument liquid.
Hopefully will turnaround soon. GLA.
I'm not signed up to ADFN, but the trades you listed aren't showing on Google, or the London stock exchange
They were Ordinary Trades "O" on ADVFN trade page.
Trade's numbered 1405-1408
I have a screen grab of trades but don't think this facility is here on this BB
Think the price has bottomed out. "Onward & Upward"
Sorry hit the wrong button!
Amount Time Price
1,108,258 13:05:50 165.755
1,108,258 13:05:52 165.755
468,077 13:06:18 165.755
468,077 13:06:22 165.755
1,108,258 13:08:46 165.755
1,108,258 13:09:46 165.755
468,077 13:11:19 165.755
468,077 13:12:45 165.755