Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I forgot to mention that there was a few trades the previous day one trade was for 96k that also wasn't reported as a share buy back. If I had to guess who the acquirer is my money would be on Franklin Resources who have been S4's largest buyer since Q3.
HorisM, I'm not sure I would agree regarding large purchases will be share buy backs. If you were to look at yesterdays large trades of 75,000 & 280,200 both trades were reported as buys. Now look at today's RNS regarding share buy backs and you will see that S4 wasn't the acquirer of these large trades. I would say that this is good news in that it shows that someone is buying.
"Personally I would love to see a takeover by WPP. Martin Sorrell is old and no longer relevant to the world and if he cant get S4 more north between now and April then its better he is removed and put out to pasture."
I would say be careful what you wish for. SMS has a lot of contacts, he attracts business from the largest companies in the world. Without him would S4 lose clients? Who could do a better job, who has the knowledge that he's gained over the years?
Sir Martin Sorrell Discusses the Global Complexities of 2024 & the Realities Facing the Ad Industry
https://www.youtube.com/watch?v=lIG9R57ebyU
Courtesy of a ADVFN poster. Screenshot taken from Bloomberg terminal.
https://i.postimg.cc/QtzgWzcp/Capture.png
Sabyam, why the sudden interest in S4 Capital with a negative comment? A quick look at your post history revels that you only post on one company RKH. If you have any evidence of share price manipulation based on the share price spiking a few pence after dropping 90% then please share? Otherwise its just your opinion. My guess is that you wanted the S4 share price to drop further before you bought in. Share prices do move up too you know.
If ADVFN data is correct there was only 90,666 shares purchased today with 259,102 shares sold. UT 106,519. 9 shares unknown.
It doesn't look like S4 have been buying many shares today. I was hoping that the large percentage share price drops of almost 5% were behind us, sadly not.
If S4 Capital started as a peanut, as Sorrell put it, Knaap says: "We’ve probably already grown to a coconut. I don’t know what’s bigger than a coconut but we will find out."
https://www.campaignlive.co.uk/article/mediamonks-sir-martin-sorrells-s4-capital-merger-habit/1489840
In accordance with the terms of its share buyback programme announced on 26 January 2024, the Company announces that on 29 January 2024 it purchased 1,837 ordinary shares of £0.25 each in the capital of the Company ("Ordinary Shares") in the market at a price of £0.4196 per Ordinary Share through Dowgate Capital Limited ("Dowgate"). The Company intends that the repurchased Ordinary Shares will be held as treasury shares in accordance with the provisions of the Companies Act 2006.
The Financial Times in Conversation with Sir Martin Sorrell
https://www.youtube.com/watch?v=SPvtqFKBsOI