The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The share buyback has been ongoing for a while, as pointed out by TC. They did one previously and also had, from memory a share consolidation. The shares are purchased off four exchanges. The shares are literally wiped out and not kept in the treasury for the staff. It has, in theory, the effect of enlarging the eps and the sp. My thoughts are that we are in effect below the sp prior to share consolidation but we have had a litigation hit or two along with some money going out. Results tomorrow. I hope the buyback continues.
@TF, sorry to hear that. I also recall being told that cpi had spun a profit, when I saw it as a loss. I also recall £1-1.50 being touted and one wants to believe it and see it happen. What was an impulse buy for me has left me under water. I even started buying as it tanked. I hope Adolph pulls his finger out as March is rapidly marching upon us.
Inflation down, shares went up. BoE likely to raise interest by 0.25% so shares go down a bit. Pound heading lower possibly helps the sp as sspg are international. Xmas coming up now, so travel should hopefully boost things more.
Hopefully the police hack is nothing to do with Capita. Pretty sure they won't get fined if it is as the details of these companies are kept secret -lol. Capita should do an rns denying that the incident has nothing to do with them.
Lowest broker note is 753.