Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Making mainstream media, in Turkey now. In retail gazette now too.
https://t24.com.tr/haber/trendyol-ingiliz-asos-u-almaya-hazirlaniyor,1113693
I guess you have a fbpe on all your profiles. Keep watching and believing bbc eh old chap. The German powerhouse in recession relying heavily on Russia. You seen gas prices about to go negative with storage nearly complete. Oil down. Energy was the biggest strain on inflation. remember inflation figures go by your high bill and not the discounted amount. So all these cuts and discounts to be had now are giving people more money but not completely coming off the inflation figures yet. It will soon reflect on the inflationary figures. Happy educate as ever.
Keep telling everyone brexit is to blame eh
You haven’t read the article then how they mentioned how they made the offer despite the fact they knew they needed financing etc. they have the money now so in a way more attractive. Make sure you read the detail hence why now with multiple interested parties £1bn rejected. You can start seeing £1.5bn plus. Would you say no to doubling your money?
Any bump and offer for asos will be great read across here. £1bn bid rejected by asos back in December even knowing the current position. Asos current mcap 417m So 100% plus. Boohoo clearly worth double to. Asos should should fly Monday like thg did near 90-100% over few days on takeover talk and boohoo jumped nicely off back of it too.
We know the prices now opening bids were made over 100% of current price so as you say even if they do t materialise straight away….it shows how cheap current prices are….and still nearly 20% below that 418 placing only week or so ago. First target should be 10% of that current placing minimum so 460 minimum. Nice 30% from current price to start with. Long and strong
Yep and as per the below with the major shareholders. Could be easy for the Dane to approach other major shareholders to get 29.99% to force bid. Or the yanks to approach (they aren’t mentioned yet) to get the amount or Fraser group to go down that route. Who blinks first. 400m mcap currently. Would surely be done over 1bn minimum in reality. So current prices buying here you would think/hope you are going to do well.
Thg (the hut group) leaped on rumours doing well over 90% in a few trading days on the takeover rumours. The rumoured bids were around 2.5bn but more was wanted.
Https://www.telegraph.co.uk/business/2023/06/03/mike-ashley-danish-fashion-tycoon-tug-of-war-asos/
Https://www.lse.co.uk/rns/REVB/interim-results-ijydbxudecpv8gm.html
Yep much much better. Anyone see how much asos shorts have closed to. Down to 2.8% asos could rally strong today. As I said yesterday I reckon available borrow stock has reduced with Norges selling down so shorts will have further reduced on boo in the next day or so trading. Messages don’t half get lost quick here as the loser spends pretty much night and day posting every hour drivel. In the real world you can get restraining orders on bitter exs
Https://shorttracker.co.uk/company/JE00BG6L7297/
Citadel up by 0.01% but qube down by 0.07%
With Norges selling and reducing their shares. The amount available for borrowing if they were lending out shares will have reduced. Expect further short reduction tomorrow.