focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
But the dividend is crap. Not going to attract the institutions imo. Prob one of reasons the SP doesn't get where it deserves.
Tau announces that further to the announcement on 20 February 2012 that it intended to exercise its authority to buy back up to 10 per cent of the shares in issue with immediate effect, it has repurchased 11,491,538 shares at $0.4175. The repurchased shares will be cancelled as soon as possible. After such cancellation, Tau will have 226,958,464 shares in issue. As a result of the buy-back, Tau will have remaining authority to buy back a further 12,353,462 of the shares in issue, which it intends to continue to exercise in a way that addresses the discount and enhances NAV per share. In addition as previously announced the Board intends to seek approval at the next annual general meeting to renew the share buy back authority and proposes to implement an ongoing buy back of at least 8 per cent of the issued capital on an annual basis subject to the discount to NAV being 10 per cent or greater.
Thats what I call a W........
Seems to be a trend of block buys at 10,000 & 15,000 the last few days or so. Plus a spread of almost 30% !? Been a while since they announced they were in contract negotiations, wonder if an announcement is due soon.
Taking a hammering today - pre-lims due out next week.....
29/11/2007 - Following the report that AIG has made an offer for Royal and Sun Alliance, the commercial business of NIG, the speculation is that whatever price was offered will likely be matched by rivals; Generali, Allianz and AXA have all been linked to the firm.
Have to admit I got out of this at 2.44 with a small loss so I could buy more CFM. That small loss is no longer :-)) This has to be an attractive recovery play considering they recieve royalties for microchips on the new I-Phone...
For a market heavily concerned about risk the last couple of days, this has been creeping up nicely...
LONDON (Thomson Financial) - British Airways PLC saw its first half pretax profit rise by 26 pct on steady growth in premium traffic and a strong cost performance, helped by the weak US dollar.
perhaps?
Moneyman....
Have you ever ordered a Dominoes - It's a rip off... The local Little Italy near me does pizza's at buy one, get one free. Cost you about 7 quid.... Still Dominoes gets good exposure as a company thanks to Homer Jay !!
I managed to get in at. I will deff sell in a few days thou, not the sector to be in long term with current ecconomic market IMO.... If the squeeze is on - people will stop ordering so many take aways....
Showing at .50p with 3p spread....
LONDON (Thomson Financial) - Independent Media Distribution PLC said it expects results for the full year to be significantly ahead of market expectations after trading very strongly since its interim announcement in September.
Interesting article & on the up. With this & CFM I'll be able to retire soon - lol!