Member Info for Matt121

I think people are also missing BATS share of ITC Ltd. At the last full year they reported 29.19% ownership, of which ITC has a market cap of £53.4bn and ITC is growing. Obviously this could not all be liquidated at once, but as it is classed as an associate in the accounts, it cannot be marked to market under IFRS.

From what I can see, the value 2022 full year accounts was £1.865bn versus BATs share of MCAP of £15.6bn (29.19%*53.4bn) which is a massive undervaluation.

FAR website says NBs shareholding at 22nd September 2022 was 53,072,133, so the math works out. Would doubt they would get the amount purchased and the final shareholding both incorrect. That’s transaction is a huge vote of confidence.

I think any rise will be determined by the resumption of the dividend. If they fail to declare one, the share price will drop and I’ll pick up a few bargains at those prices.

Fantastic update, just wish the war would wrap itself up now and we can get on with making some $$$$$$

I use trading 212. Liquidity isn’t great but all my orders have gone through within a day and no fees

My guess is lack of short term news combined with the war in Ukraine. This is a 1.5 year hood atleast until the BFS comes out Q3 next year. We all know the potential here, just have to switch off for a while for a 5-10 bagger.

Here’s your chance to bring that average down

Just stumbled across this company, looks like really good future and an obscenely low mcap for the announcement today?

A step in the right direction, but people are waiting for the results of the carbon testing to get excited. It should come soon.

The market makes make a market and so if they have to hold onto their shares for a while they will increase the spread to compensate for the illiquidity.

Surely they have to legally announce any major update within 24 hours or against listing rules

Paul, what others are you looking at which have shorter lead times?

What a sad little life Jane, I hope the FUD makes you happy.

I’ve just done the same thing, cannot find the presentation of their website?

Surely if GF has brought shares there is no news coming as that would be insider trading. Which begs the question what had caused this massive rise?

Due to be uploaded on Wednesday along with presentation.

As more miners get turned off, hopefully means more cheap miners on the secondary market.

New COVID variant, whole market is down

Bump

Any taken a look at what dilution we are looking at once all the VBR shares have been issued, thus the expected future shares in issue? Trying to work this out but going round in circles...