George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
News re Australian investment in nuclear submarine fleet . Is that reason for the perk up in share price today. More submarines = more potential orders for Cohort systems/products?
Any one watch the presentation yesterday. Apart from the boss needing some cough sweets the overall feel was slow and steady. No overt enthusiasm but I feel the guys know the new carton is a game changer and when announced who the partners are will prompt more interest in the company and hence the share price. And continuity of CEO confirms he’s staying for the credit he’ll get when the announcements come through.
Any guess as to what our profit margin is on each test. We still got a long way to go to satisfy a share price equivalent to when the company went on AIM.
Well they looked respectable even if the polymer sales ease off the new product will outrun any decline of traditional products.
But no sign of any enthusiasm from the maket. Usual small cap complacency)
Due tomorrow 19 March. Can we get some excitement into his share with its eco friendly product development ?
Surely it deserves some recognition and enthusiasm!
Up up and away!
Provided the shares are held outside ISA you can crystallise the loss by selling in the market and carry forward the loss or offset against other gains in the same tax year.
If I remember rightly if the company goes belly up and you still hold shares it can be some years before the inland Revenue will deem them valueless and you can establish your loss for cgt purposes.
Unbelievable!! Another AIM stock with products that appear to be needed in this environment conscious world going down the pan. What’s the point in buying UK companies in developing fields when they continually fail. Appreciate my stock picking is crap but would this be happening in the US???
With a share cap of around £30 billion the share buy back of £2 billion canibalises about 7 and a 1/2 % . So in theory the share price should move up (which hasn’t happened on previous but backs so far) but as this money to buy the shares is in the company it’s already in the current share price value. I can’t wait to see£1 share price despite being given profit sharing at £9 or more when employee share ownership was the norm and encouraged via tax incentives despite being a high risk strategy from an investment perspective as most employees were potentially at risk from a job point of view as well as exposed to a single shareholding which most financial advisers say is not a prudent investment strategy.
Yes Lloyds was given no option but to take over HBOS with minimal due diligence even though the CEO at the time reassured investors and staff it was a once in a lifetime deal!
. Unfortunately the crisis at the time despite Lloyds being the safest capitalised (In my opinion) was the potential collapse of the British banking industry. So they took one for the team so to speak. We’ve paid the price ever since and still paying!
Once again the banks to the rescue of the British economy! Fully accepting the bail outs saved some , Lloyds was forced to take over the basket case HBOS and has suffered ever since.
The PPI compensation payments and now the likelihood of repayment of undisclosed car finance commission along with the earlier windfall taxes will keep the country ticking over even if we are in recession!!
I think the term averaging down means throwing good money after bad!! Abingdon Health, Versarien and Superdry come to mind!!
Looks like another one bites the dust!! Can’t believe how many AIM companies with great ideas and technical know how end up like this. I accept the entrepreneurial risk in these type of companies but it seems the appetite of uk investors is hard to encourage. Would it be different in the USA? I feel the whole idea of AIM seems to be to access cash for the founders of a company and earn by fees for advisers!!
I’m well p….d off.
Perhaps the company should be renamed Abingdon Sick or even Terminal is this share price decline continues!
We need more of a shot in the arm than Lateral Flow Testing!!
Following Up Up comments re future for this unliked by the City share the latest figures and market reaction suggests the figures were better than expected. The founder shareholder issues are the main drag on share price performance . Can’t expect the outcome of succession strategy to be a happy one for all interested parties in light of investor and institutional short termism and the company segments being worth more than the whole.
Suggestions on a post card please or should it be in an email!