The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Actually, I seem to recall reading this in a Motley Fool article a few months ago - word for word. If I could be bothered, I would search and find the original article.
Unless you were that original author, I think you might consider copyright laws around presenting other people's work as your own.
Slightly off topic, but the Avalon/RedT merger is expected to complete soon, with the help of BMN.
From their RNS in January -
The AIM admission document relating to the merger is expected to be published by 16 March 2020, at which point the temporary suspension of trading on AIM of redT's shares will be lifted and trading will resume. redT expects the merger and associated fundraising process to complete around the end of March 2020, in line with previous announcements.
Presumably the spread bet companies would likely trade in blocks of shares that they have accumulated over a period of time, rather than from the transactions of individual customers. So that million shares may have come from multiple customers.
Thought the deal was meant to be concluded by end of Q1 ie end of March?
I agree though, not expecting news today, when due diligence is to be completed. It would make sense to leave the RNS until the whole deal is actually done.
Some interesting observations at the end of the comments section regarding the 150M shares purchased in March 2018 at 10.3p.
I know that others have already suggested that it is these shares being sold off that could explain the current suppression of the share price.
Does anyone have any thoughts about how much cash could be raised by the sale of Lemur?
If it's a decent amount, I'm thinking it might be a useful way of kickstarting dividend payments, which will hopefully be announced soon after the JSE listing.
An event happening in London next week.
Sadly, it's well outside of my skill-set, but the more well-informed might be interested....
I'm not sure how useful this event would actually be, so apologies in advance if I'm cluttering up the board with useless info.
City Conversations: Gridlocked
Event
Wed 22 Jan 2020, 6-8pm
The increasing demand for electricity, as a result of major energy users such as transport networks and heating systems migrating to electricity, will lead to an inevitable stress on supply and distribution.
We will need to continue to ‘green the grid’ if we are to meet our carbon targets, especially with reduced reliance on nuclear power. Should we be looking to non-fossil fuel alternatives for heating buildings and, in particular, contribute to use our existing gas distribution system? What is the future of the electricity grid? On the one hand there is a movement which proposes that we meet our carbon targets by moving to more localised systems and reducing our dependence on the grid. Others feel that a more global grid system might be the answer.
We invite you to come and join our discussion about what built environment professionals need to know and how they need to plan for the future. A panel of experts will look at the issues from a number of perspectives.
Speakers include:
- Bob Lowe, UCL Energy Institute
- Bill Watts, Max Fordham
- Adriana Rodriguez, Vattenfall
- Tom Whipple, Science Editor at The Times
- Richard McGibbon, Berkeley Homes
- Alasdair Young, BuroHappold Engineering (chair)
https://www.buildingcentre.co.uk/whats_on/events/city-conversations-gridlocked?utm_source=News+from+the+Building+Centre&utm_campaign=083d3caec9-Event_CityConvo_Jan20&utm_medium=email&utm_term=0_202cc4d038-083d3caec9-585930265&mc_cid=083d3caec9&mc_eid=f13504ed22
On a slightly different note...
Eskom CEO takes charge early amid South Africa power crisis.
The new CEO will oversee a plan to split state-owned Eskom into three units in an attempt to make it more efficient.
https://www.aljazeera.com/ajimpact/eskom-ceo-takes-charge-early-south-africa-power-crisis-200106171609676.html
Apologies if already posted.
Exactly! Why did they publish that RBS yesterday? This stinks.
I guess it should have been regarded as a warning sign when JW suddenly changed his tune a few months back - from telling us that share price was heading for 40p, to then saying it 'might' make 30p by end of year, or similar.
And then admitting to 'scaling back' i.e. selling. Not suggesting that there was any dodgy dealing of course, but he was close to JD, so would have had a pretty good idea of which way the wind was blowing.
So in retrospect, at least two red flags waving at us.
Hindsight is a wonderful thing....