George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Oh well - we should have known the Telefonica announcement would send the price further down . This company is the absolute pits . People saying buy buy on the dips are having a laugh . This is going below 90p for the results . If the results are anything other than fantastic we will be low 80’s .
Honestly dont know as I am not there anymore . I know a few people who still work there and they are not very confident . Problem is the Markets tend to hit Vodafone even when they are on target . I can see this hitting low 80 ‘s - I hope not but I am not holding my breath . i think we need a lot of good luck the way things are going
FFS well thats what the market thinks of this news
The FTSE-100 telecoms giant's board is leaning towards naming Margherita Della Valle as its permanent CEO four months after she took over as interim chief, Sky News learns.
On sky news
Proactive Investors - Vodafone Group’s (LON:VOD) largest shareholder, the Abu Dhabi-based Emirates Telecommunications Group Company (aka e&), has been in discussions with the debt-riddled British telecoms company regarding the composition of its board of directors, Bloomberg today reported.
It is unclear what direction e& hopes to pursue, but analysts have called it a departure from the investor’s typically hands-off approach to governance matters.
Erhan Gurses, Bloomberg’s telecoms analyst, said the Emirati company’s push “is a change from its original position, suggesting it may become a proactive force to ensure execution aligns with its long-term strategy”.
“This is a substantial change in position for e&... which has previously stated full alignment with Vodafone's strategy,” stated Robert Grindle, head of European TMT research at Deutsche Bank.
Grindle suggested that e&'s interest may be in Vodafone's African unit Vodacom, which Vodafone is hoping “to extract maximum value from”.
Vodafone’s board ousted chief executive Nick Read last December following prolonged frustration with his ability to turn the group’s tumbling market valuation around.
But Vodafone has yet to secure a suitable replacement.
Meanwhile, e& has steadily increased its stake in Vodafone in the past five months, from 11% in December 2022 to 14.6% as of today.