The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
NewboF; it is a binary punt and investors have put their money on approval so no point just being on the fence at the committee, we will have to have some headbanging and a vote foe OPM.
I think Hasina may need to attend as the majority vote carries and some members may need persuading for the good of the country-
https://www.parliament.gov.bd/how-committee-works
Power of the Committee; second to last bullet point.
They are agency buys so get reported by the agent as a balanced order on their books (Axis) when the volume going through them allows, ie @ 100k +, imo. No TR1 as ownership is transferred to the clients. I see my buys with HL going through as normal.
Pressure from non payment of bill for coal/gas and outages is hopefully tipping the balance in the meeting and as I has been mentioned, allowance has been made for the water to be managed should go ahead be given which could employ a lot of local people eager to get their land back in the future.
Https://www.parliament.gov.bd/list-of-committees?committees_type_search=Ministerial+Standing+Committees
There are 50 committees and the PM sits on 1,2,11,28,43 and 50.
Https://www.parliament.gov.bd/Members-of-committees/145/standing-committee-on-ministry-of-power-energy-and-mineral-resources
I expect she has cctv!
Https://www.parliament.gov.bd/meeting-details/78/1st-meeting
I have researched by googling Axis Capital; they will have been supplying stock to clients in the know and this morning had an extra £2m of stock hence the increase in unknowns today- all imo.
The meeting is more likely to have a favourable outcome with a large local share base. I do not see any £2m investor now which is good.
Jamesss; I don't know what the farmer chat was and am too old to bother with looking back but I know I would be concerned if they were not getting good compensation for losing their land if approval is given as that would cause riots, shooting and the coal staying buried. I can certainly understand peeps wanting to discuss and be assured that the farmers were happy and there is no repeat of Asia Energy. My first buy here was over a decade ago at 233.20 p / share when I thought it was a done deal. One decade lost for the Bengalis for cheaper electricity.
Https://www.dhakatribune.com/bangladesh/344023/titu-commodity-prices-were-stable-people
Now Nasrul's turn.