Good news today which should benefit IUG financially going forward. Still expect this to be gobbled up whilst it is still a 'bolt-on' in size but that's fine if it makes a 75% profit
Long time no see, By the sea! Has she divorced you yet?!! Well not too long to go before Botswana nationalises Tlou and we all have a nice long court case to see us all in our respective coffins! Only joking - I hope. I did sell a third to reinvest but still got half a million. Who knows? Keep smiling.
StreetsJ - its a bit hard on the co to not credit them for expanding and that requires new trained staff and the overheads that come with that. I just hope that work continues to pour in. Otherwise they may have to contract rather than expand further. At present though, there would seem to be more and more defaults and that is good business for this co.
Indicates how difficult is to evaluate this novel business. Will be interesting to see what the market makes of it. Methinks it is doubtful in these circumstances that they will commence payment of a dividend this year.
Had to sell Goodwin (reluctantly) for a small but fairly quick profit which I used to average down here and had a bit left to increase my speccy CMET to 300,000.
......the less value to the co the tender will be. All new holders who may be eligible will tender their entiire holding and get nothing or perhaps a single £2.50.
I hope you are right, Fatman, but history is against you! He could do worse than look at a few AI juniors, but I fear his mates will talk him round, AGAIN!
With Sheffield is now halfway through! As soon as DD is over, I expect a big announcement and their interest rises to 14%
Since Griffin is already on our Board, I suspect all this is a formality but next RNS should come in next 30 days and expect to see this SP gap up possibly to as much as 10p before no doubt the fast buck merchants take profit!