The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
No idea but 10th Oct RNS details share buyback program and states that company are under no obligation to complete it in full. May have just paused over Xmas so a transaction in own shares RNS tomorrow will point to that. If not then I’d expect GNC to give us a reason for halting buyback.
If you look below where it’s says Greencore PLC on this page you’ll see they are listed as being in the FTSE all share and FTSE small cap. GNC are not listed as constituents of the FTSE 350 on this site and London Stock Exchange. FTSE small cap are the companies ranked 351-619 on the main market and GNC are listed there on both sites. GNC are no longer a FTSE 350 company according to my research but neither can I find any information regarding this. Hope this helps and it can be fact checked.
I’m pretty sure I remember CB saying in an interview back end of last year that the reason they were drilling at HR3 first was a problem getting the permit to drill at Blue Moon and they didn’t want to sit on their hands waiting for that. If that’s the case then they still don’t have it if it’s HR4 next. Seems getting a license is one thing and a permit something completely different. I maybe wrong on this and I can’t be bothered to try and find it as I’ve also lost faith in CB. Still invested though so let’s hope he can turn it around.
My gut feeling is that there is a game being played here. Price inflated to get rid of warrants and now falling until re entry target is reached. We shall see in time but somethings bubbling under the surface. The delayed naming of drill rig puzzles me though. All part of the plan?