The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
404,Is 12.5p 'shabby' against 7.5p now ? Ok you wanted more but it is not disaster is it ?
Shore Capital,company brokers,in a note follwing annual results say as follows
WE highlight in particular SDX statement reiterating the introduction of new shareholders who'have provided a clear mandate to the Board for growth' and eagerly await furthe updates as SDX's expansion strategy progresses with the support of Aleph as a cornerstone investor.In our opinion SDX is positioned as a leading regional operator,combining a strong reserves base with an active work programme to drive growth and we continue to believe that the company represents an excellent platform for organic and inorganic expansion going forward.
No gloom and despair there ! And Shore Capital are a big player.I think formal forecasts from Shore will be published soon
Kever it is the only deal on the table !!!!
Oldman ,nothing is guaranteed either way but I think the safest ‘bet’ is via Prax and I am abstaining in the vote
But what is the alternative.No one wants to buy us except Prax,we can’t borrow to develop,tax credits lost ,well is declining,decommissioning ruinously expensive.A slow death
No the DCU's are part of the deal;part consideration ie a capital asset.As part of the deal they have an acquisition cost which should negate any profit for most older holders,me included
The DCU's are actually referred to as deferred consideration,ie capital not income
Senseman you replied without reading my subsequent posting
No I think you are wrong.The DCU's are a capital asset resulting from the takeover.They will have an acquisition cost based on your original HUR cost and any profit may be subject to CGT if over the annual allowance