Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
New CEO seems to be a bit of a mixed bag!
‘Replacing Trivedi will be Neeraj Kapur, a former RAF fighter pilot who was most recently chief finance officer of Vanquis Bank from 2020 until 2023. At Vanquis, formerly known as Provident Financial, he initially oversaw a recovery in the bank’s share price after it crashed in the early stages of the pandemic. But in his last 18 months in the role, the shares tumbled by 70%.’
Asartara’s comments are almost as warped as yours .. surprised you are still here! £5+ yeah .. dream on… and yes we believe you when you say you haven’t sold a share, you may want to delete some of your past comments bragging about making a few £ on selling 😅😅
@Jumbo07 - Any logical reason why you keep repeating again and again out of date opinions other than you holding a few shares?
Analysts at Canaccord Genuity slashed their target price on payment processing and foreign exchange business CAB Payments from 585.0p to 246.0p on Tuesday after the group's "surprise and significant" negative trading update.
The company, which only debuted on the London Stock Exchange a few months ago, said total group revenue rose 10% on the quarter in Q3 to £105.5m. However, in recent weeks there have been a number of changes to the market conditions in some key currency corridors, on top of the ongoing uncertainties surrounding the Naira, which are impacting both volumes and margins.
Canaccord Genuity said it had been "surprised by the rapid turn of events" and noted that, in reality, it appears difficult to forecast future revenues with any degree of certainty.
"The medium- and long-term growth opportunities will be balanced by the speed at which trading appears to have deteriorated. Consequently, we believe investors are more likely to err on the side of caution with respect to short- and medium-term expectations," said Canaccord.