Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
At the current prices they are able to make double digit returns to shareholders by way of dividends and purchases of Lloyds shares conducted by UBS on behalf of Lloyds shareholders.
Not in my eyes, current yield 5.36%
Next year will be similar
Buy backs, as i have told you earlier, are a waste of time, only benefiting the board.
"At the current prices they are able to make double digit returns to shareholders by way of dividends and purchases of Lloyds shares conducted by UBS on behalf of Lloyds shareholders."
Absolute rubbish, and you know it.
I am in the same boat, these were flying a few months ago, something has spooked the share price, thinking of adding but not yet.
Amongst all the publications i read is the farmer's weekly(Bible), a quick glance at the commodity prices shows me wheat, barley ,oilseed rape, fertillisers are all nearly half the price of a year ago, about time food prices decrease, however Beef prices are more expensive.
Talking about clueless, just been watching the governor of the BOE being bellocked for under estimating the inflation rate, blaming everyone he can think of instead of himself, clueless!
Nothing to do with this then:-
Application has been made to the Financial Conduct Authority and the London Stock Exchange for a block listing of 525,000,000 ordinary shares of 10p each in Lloyds Banking Group plc (the "Company") for the Lloyds Banking Group Deferred Bonus Plan 2021 (the "Plan"). These shares will be allotted to trade on the London Stock Exchange and be admitted to the Official List upon allotment pursuant to the Company's obligations under the Plan. Participants in the Plan will become entitled to these shares following the vesting of share awards or the exercise of share options in accordance with the Plan rules. These shares will rank equally with the existing issued ordinary shares of the Company. Admission of the shares is expected on 24 May 2023.
Oh we have say a billion excess cash, what shall we do with it? Buy another company, invest it, give it back to shareholders? No, lets have a buyback, pathetic short sighted, lack of ideas boardroom stitch up.