Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
jamesroo, how can a firm who buys back its own shares destroy itself. If the shares bought back are for cancellation then the ones in shareholders pockets are worth more (excluding outside influences). If the repurchased shares are for re-distribution then the same thing applies because the total number of shares in circulation will not increase. What's so difficult about that to understand??
Graham, you are a tad late with your news advice - what you have quoted happened a year ago - bwtf, we're all losing money.
In the announcement dated 24th November it states all shareholders will receive the terms of the offer by 31st January with final takeover expected to be no later than 20th May - but may be later if Bidco & ASW agree. The foregoing would only apply if no other offers come in. Hope this answers your query.
I read somewhere that it will be finalised about mid May, but that's only if no one else comes in.
what is a UT trade
If you have a copy of the said documents confirming CPW took over Dixons post them and I will shut up.
Carphone Wharehouse did not announce to the SE it was changing its name, it was a merger of equals and on that day all trading was suspended for 24 hours while the powers that be sorted things out. The new company is not Carphone under a different name nor is it Dixons under a different name. Prior to May of this year talks between the two companies were going on about a merger. The sticking point at the time was Dixons wanted an unequal merger but Dunstone insisted it must be a merger of equals. Dunstone won out and so now we have a NEW COMPANY and not an old company with a different name. At the time of the merger CPW had a slightly better valuation than Dixons but that was because Dixons was being pulled back by its European (mostly Spain) businesses (It almost went under). It has since hived off most of this crap so that now it is a thriving business and is now possibly the biggest electrical goods retailer in Europe. So there.
All shares in both companies were suspended for one day. Next day new shares were issued under their new title. If Carphone shares were not cancelled they would still be trading under their old name - they are not. Perhaps I'm being a tad too pedantic.
For divi's etc and payments just click on financial diary - it tells you everything
The dividend is payable on the 1st October to those on the register on 2nd September so now you can sell and collect your divi.
Carphone's shares were cancelled at the same time as Dixons. The new entity started 8am next day.
Don't know. What date was the merger - touch and go perhaps
IMOP. Although the rise in the SP is because of Vodafone's tie-up it is also influenced by the tracker funds taking up their positions before the mad scramble.
Apart from attaining the 90th place by valuation the new company must show 20 days trading figures under its new banner. The footsie review is on Wed 10th September.
It seems as though the share price is on an upward curve - maybe back to the heady days of £1.80 two years ago.
Not much happening on this board. Triple eight is making plenty of money but cannot expand - so, until the States open up the gates to online gambling properly 888 will offload its profits by way of dividends to its shareholders - 4.5% at to-days price.
The next footsie review is on the Wednesday after the first Friday in September. To gain admittance it must be of not less value than the 90th placed company. By my reckoning Hammerson and Resolution are tying for the 90 slot @ 3.7billion while DC is 3.7billion. If the tracker fund managers think DC will gain admission they will buy up the shares before the mad scramble starts to acquire them. Although there are less valued companies in the Footsie any new entry must be not less than the 90th. Incidentally, there are 101 companies in the Footsie. Shell owns two of them - A&B. That's my story anyway.
Take no notice of the figures they often go cock-eyed
The next review is on a Wednesday in September. DC go in and the bottom one drops out. At this point all the tracker funds by law have to have a percentage of the fund invested in DC, that will make the sp climb.