George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I reckon even if they get took over I'm not going to see my £1.23 per share back
I'm back in again after selling out for £13.28 in December, I figured I wanted to go on a cruise more than I needed to own the shares. So now back in at the level I originally purchased them for. I'm surprised it didn't stay up a bit, cruising seems more popular than ever. Need shares for my on-board credit!
I was one of the tiny buys! Had a small dividend paid from DGE and needed something to buy, so bought an additional 25 shares of DOCS. With the price this low, I imagine quite a few people who use services with no commission or minimum spend do the same. Also you can use it as a practice trade to see what the price really is before you purchase (on the same platforms) as with freetrade if you buy or sell you just get the price they give you. So a quick trade makes sense, especially on something not traded much.
It's possibly not that sinister, if you were to use something like freetrade (I think minimum is £2 though), you can either buy or sell and you get what you get. It might say 13.9 as it does now, but you pay what you pay. With a share like this, you're not necessarily going to get anything close to 13.9 if you sell or buy. So maybe its someone doing a quick test.
With the bigger FTSE shares it doesn't matter so much but when they're small cap stuff its a bit different
I'm on an average of £15.76 with quite a bit of dividend reinvesting over the years and averaging down when prices were falling (sadly not at £8). Good to see a bit of positivity on this but I'm still 35% down or so
They can buy them normally for £4.91 and there must be better ways of buying a company than cold calling individual investors. I'm fairly certain it is illegal to acquire a company like this
This was all mentioned some weeks ago on here I recall. I've certainly seen one for a heliport and this, I probably mentioned it at the time it was sent to me. They then seem to be in Penguin News. Not really sure how it'd all work (sadly I'm not in the business of building heliports), whether they'd build it all first or everything will just be a go and they'll want everything done quickly.
My share price can't seem to cope with that buyback we did a while ago, that added a £1 into our coffers, so I'm sitting on nearly a £2 rise. Share was picked as a good dividend buy, but when you're sitting on a decent gain, its hard not to think about cashing in a good few years dividends today.
Great increase today, this is on top of the general upward momentum we've had over the last two weeks. I kept expecting to read something on here with regards to what this might be but there has been very little activity. I guess this was it
The whole bid seemed a bit speculative, but it has improved the share price quite a bit even with the fall and then modest rise today. It's now in the realm of my other down on their luck shares rather than me cursing them every time I scroll past them at 40% down. Question is whether these insurers are ripe to be picked off by foreign competitors.
Bit random and not something I've noticed before in Penguin News, but we're getting a share watch on FI companies. Bit surprised as they've never shown much interest in anything financial (tax court cases, etc.) or doing any sort of reporting on anything finance based - how much profit some of the companies make. Both the radio and news journalists told me it was "boring." Yet two drunk farmers having a fist fight over an open gate, two page spread.
Share watch for FI companies
HARLAND and Wolff Group Holdings PLC (HARL.L) shares have dipped slightly to close at 11.25p at the end of trading on
Wednesday 13 March. Rockhopper Exploration PLC (RKH.L)were also slightly down at 13p (previously 13.35p last week). Borders & Southern Petroleum (BOR.L) closed fractionalyhigher at 3.095p. FIH Group (FIH.L) had risen to 240p over the week, an increase of 20p per share. This is their highest share price for the year so far.
It's not exactly the Financial Times, but it is a start.
There is also an EOI to construct a heliport at Stanley Airport (FIGAS) for Navitas
There is also an insolvency act meeting for Argos Exploration in May
Antsoldier - you benefit on shares being picked up on the open market and their overall being less shares in existence. So your shares own 5% more of the company than they once did. Also buying the shares should see an increase in the share price and theoretically should be worth more due to the buying demand and that they are worth more.
The theory is solid but I can’t really think of an example where this approach has ever given me decent gains I can see
Capped - I agree, it might be something Vodafone should do (although the benefits always seem rather theoretical to me) but it seems a bit odd from an investment company. Motley Fool always whinge that it shows a company can’t think of anything better to do with its money, but in this case can’t the company think of anything better to do with its money?
Not seeing the massive rally myself (happy to be proved wrong). The one thing you could always say about this share when the share price is tanking, oh well at least the dividend is decent. Rebasing it as they have, it's not the worst return on a 66p share, but a poor one on a £1.50 share (which clearly it has no intention of ever being again).
I agree with Sam, FIG are very slow to approve anything. It's just the way it is, it's quite annoying really, especially when they seem to like to approve everything.
Navitas must be in the islands again this week (not sure if they ever leave) as they're currently providing a project update to the Chamber of Commerce (started at 11am).
I don’t think PN do links, it in the online copy of this weeks paper.
There's another EOI doing the rounds in the Falkland Islands, just picked it up in Penguin News.
They're looking for a supply base, personnel and equipment, they're also wanting a liquid mud plant. It refers to being up and trained by Q3 2025 and a duration of 2 to 6 years.
My view has always been this is a great investment if FI oil happens, and it's a percentage risk if that is likely. I think its getting likelier by the day and there certainly is more general evidence pointing towards it being more likely. In all honesty it been building for a couple of years now (FIG meetings in Israel, the last FIG Head of Mineral retiring, etc.).
Good luck all
Much cheaper than the project cancelled, that being said it was for a much different port.
It’s quite clear things are moving, people putting in tenders, and so forth. So clearly people can see it is moving in the background towards real work. I’d guess a general slow move up again. Now my largest holding.
I find myself vaguely curious also, someone offering to buy my shares for £2.30 (a 10p profit for me) and I wasn’t made aware of the offer?? Think I’d have bitten their hand off tbh