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Hi all, new to this board but very interested in buying a company which focuses in Lithium. I see they rejected a takeover back in November - would anyone know what the board value the company at or have other valuations been banded around. Thanks in advance.
It’s amazing how the likes of Falklands oil, Rockhopper and premier oil when they found out similar news that the area of the falklands they had been tracking was likely to contain significant volumes of oil, their price absolutely shot up. So why didn’t Towers do the same - exactly the same situation or am I missing something and it’s not apples with apples?
If the results were good, insiders would be in the know and this would be flying today. This suggests the results are not going to meet expectations. I hope not as I'm heavily loaded up on JLP stock - one can hope for a positive outcome.
Is there a deadline by which they need to be back actively trading on the market again? Or can they continue suspended indefinitely?
When are the next financials / update due?
RKH gets a mentioned on Sky News - not sure if it's good news or bad!!
https://news.sky.com/story/fossil-fuel-companies-are-suing-governments-across-the-world-for-more-than-18bn-12409573
The low SP is baffling given the rise in POO, but I'm also a little concerned that we won't see the surge in SP via institutional investors. As we all know, the majority of them have ESG targets / credentials and investing in HBR goes against that. I've been invested in PMO / HBR for years, I would love this to actually move, but for the institutional investors piling in I can't see it happening due to the need to invest in more sustainable stocks. Thoughts?