George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I am very annoyed and concerned about hearing Peter selling half of his position. JD Sports is a well-run business, and I am here for a long investment. But an incident like this is not a good sign - totally irresponsible, in my opinion.
It is proposed that the Demerger will be effected by EVRAZ making an interim in specie distribution of the shares it directly holds in RASP (being approximately 90.9% of the total ordinary shares in RASP), which is listed on the Moscow Exchange, to EVRAZ shareholders. If the Demerger proceeds, EVRAZ shareholders are expected to receive an entitlement to 0.4255477880 of a RASP share for each EVRAZ share held at 6:00 p.m. on 15 February 2022.
This is the official announcement. If I understand correctly, for each EVRAZ share, we will get 0.4255477880 RASP share. I won't hold the stock, which means I will get cash. Is that correct?
Also, RASP share is cheaper than EVRAZ share. Then why we are getting less money for each EVRAZ share we hold?
https://www.ft.com/content/89685f28-136e-43d8-8a5d-08991bd13ab5
Parker Hannifin, the US industrial group in talks to buy British aerospace and defence company Meggitt, is willing to extend initial commitments to protect jobs and investment, the chief executive signalled on Wednesday.
Doctors and hospitals are still busy treating COVID patients. So elective surgeries have not started and there is a long queue for such treatments. Still, SN managed to make increase its YoY profit. Just think about what we could see in the next report.