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DEC closed 1.00% up on NYSE @ $14.11USD / £11.24GBP - fingers remain crossed!
Good for you broomtree - hopefully there will be a lot more of us long suffering LTH's following you in due course.
Not a bad summary that wynbore - if you could carry on in that vein and stop being such a tedious git you might get a release on license and be able join the rest of us normal folks down here on planet Earth eh!? LoL
Skiramp: 'The CEO's new plan...' - You don't seem to mention that it's the same CEO who made the 'old plan' which brought DEC to its knees? 'Is wowing the market' - says who? Certainly not the shorts - they are still increasing. 'God bless America us' - FFS grow up - you really are an adolescent aren't you!!
P.S. What giant buyback? Would that be the rehash of the previous giant buyback that didn't happen or the giant buyback before that one that never happened either? He has a track record of announcing buybacks that never actually happen - but you might not know that having only been here five minutes eh?
Livedataccount: 'It was silly to spend all that money on the dx companies' - Well that's some understatement - it was manifestly bloody stupid as many of us said at the time. Just another example of why AS needs to stand down for a competent senior pharma business executive who knows what he's doing.
TerryM1: I think I could have just about swallowed most of the crap and car-crash that been DEC for some time. However, when good ole Rusty and the car-crash crew decided (without any vote) to shower themselves with free shares when shareholders were on their knees and the SP below gutter level that was the final insult and kick in the teeth. IMO it demonstrated vividly just what an avaricious, couldn't give a damn, fuk you all I'm aright attitude prevails in that boardroom. They'll sure as hell never be able to come the 'I'm aligned with shareholders' drivel ever again.
Donkey: I wonder how many senior pharma business executives would decide to go on a supposed M&A spending spree to buy DX when the company's visible future and limited funds are manifestly tied to bringing its principle TX product to market. Then who five minutes later would decide maybe not eh - let's sell it to fund TX after all (at a loss likely). I suggest not many - ask how many would do this and still be in a job afterwards - I suspect zero (and that's just one of his many serious business errors).
TerryM1: 'Really, Oil and Gas companies are in a mature industry like banking Insurance etc so pay a high dividends not a growth area like AI where there will be low or no dividends for a time.'
A very valid point you make - O&G is indeed a mature and likely (in time) will become a legacy industry. Incidentally - were you aware that according to skiramp dividends are now 'outdated' - I didn't see that new edict published anywhere, did you?
Skiramp: 'The CEO is doing a great job here....' - would that be the same CEO who has crashed the SP from it's previous levels into the gutter - or am I imagining that!?
AS is clearly well out of his depth from a business perspective (not the science). He has made multiple serious business errors that have cost shareholders dearly and grossly eroded value (see SP for unequivocal evidence). Consequently, he now needs to move over to make way for an experienced senior pharma business executive who has the necessary experience and skill set to maximise shareholder value henceforth. This is not the Smith tea party - it's a publicly quoted company - and the CEO being moved aside is what would and should happen is such situations in most publicly quoted companies - AVCT is no different.
The past is where most LTH's bought - so unless you can change their buy price then what you spout is manifest crap - because that is their fixed financial reference point. How many times have I heard this trite and dismissive 'the past doesn't matter' trash. It's the same discredited BoD who have presided over the car-crash that DEC has become (see SP for evidence - £11 is abysmal) - they were there in the past, they are there now - no change - unfortunately. Good ole Rusty and his car-crash crew still have their snouts deep in the trough.
Skiramp: You'll have to forgive us LTH's for not getting as excited a quivering puppy like yourself - but most here bought (on the back of broken promises from an avaricious, discredited and untrustworthy BoD) much higher than today's crap SP.
NYSE closed at $13.96USD / £11.13GBP - up 3.03% - another good day.
That's $13.0875USD (not $13,0875USD) - I wish! LoL
I see Bridgewater Associates increased their short by 0.08% to 0.9% on 8 April. These guys are playing with fire and desperately trying to regain control and it's not looking like it will end well for them - especially since all of them except Adage went short when the SP was already below £10 (shame eh?).
P.S. SP on NYSE now over £11GBP equivalent as I type - currently $13,8075USD - up 1.9%.
Buenavista: No - I'm giving an opinion based on my experience here (which is substantial) - but which you don't like (tough) - but which is just as valid as any other. Seems to me the one with an overinflated concept of their opinion is you. If you don't like what I say - filter me - no problem.
BuenaVista: Correct - they would have to put it to shareholders to vote on - but not recommend the offer. However, depends what value you place on the business decisions (and hence value of the recommendation) of AS and BoD - negligible to zero in my case - and I'm far from alone in that regard.