Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
The Times on Saturday has a report about DX in the business section. Slightly worrying reading as if the company cannot produce audited results by July 2022 the stock will be delisted from the AIM market.
Are the management attempting to sell their personal holdings using shareholders cash?
All along the BOD said the Indian tax refund would be used for a special dividend plus a share buy back. They have lied and are using the “special dividend “ element to reduce their personal share holdings
Goldman Sachs- conviction Buy list and 180p PT
…..only if the shares can be bought within the set parameters, which are set out in the listings rules and overseen by the FCA. It really shouldn’t be an issue as average volumes are 3m shares/day. Btw, these share buybacks are traded by an algorithmic trading platform with no human interaction and is totally passive. ie if 1000 shrs trade in the market the algo will try and buy 50 shrs. That’s why you see so many small prints.
Share buybacks are conducted under strict rules of engagement and are passive . ie the broker handling the trading cannot drive either the share price or the volume of shares traded, and if the price moves outside of the parameters, eg 5% move above the 15 day average price, then the buyback is suspended.
Vodafone to drop out of the index along with Universal Music Group.
Hermes and Richemont to be promoted
Is the agm now set for 11:00 on the 15th Dec, therefore negating the share suspension in Jan ?
Is the a complete balls up by FinnCap ?
Good figs from Verizon mainly from increasing 5G rollout services. . Company lifted forward guidance.
Worth checking out Cairn Energy chat as plenty of info re tax dispute
Berenberg will have to change their Sell and 65p price target.