George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Anybody who needs a reminder / or just to understand what raw emotion, prolonged misery and pain this disease can bring about would find it hard to find online / TV content more moving than the above, in my opinion. Rhod's diary of treatment was some of the most moving TV I've seen on the subject. "Brutal" was a frequently used word in the programme and that was clearly not an overstatement. Rhod even managed to work some humour into it, smiling in the face of true adversity. Five stars from me and truly worth the time to watch it. It's on the C4 website.
If I was younger and could afford to take a longer term view than I do, this is certainly a company that I would be putting in the bottom drawer for my kids. Unfortunately at the moment it's more about this absolutely ridiculous market than the quality of companies such as this within it.
That's nothing! I've just bought twenty squillion shares and insisted on paying 14p!!
"They are moving it up slowly...."
Of course they are.....from 8p to 6p 😂
The same place as the 14p 😂
😂😂😂
Never bought, never sold, never liked BS - or rampers, Pashman.
"Sure" enough not to "gamble" my money on a distinct smell of BS.
.....sold out first thing. The dumb money will have been buying, listening to the rampers, many of whom know darned well in which direction this will end up - and it aint 'higher'.
Just common sense, as the price is showing.
I'm pleased for all the LTH here but who in their right mind would go in with a 14p offer? Sorry but I don't buy it.
Either that or this is merely a UPL ploy to draw attention to itself?
You're right, not a huge amount but it draws attention to what I believe to be an undervalued company and will give cause for others to assess it, "others" who would not have been aware of it previously. It certainly can't do any harm.
The only other thing I'd add concerns the listed initiatives: (i) better commercial scrutiny and ambition; (ii) tighter cost control and ownership of cost reduction initiatives; and (iii) improved allocation of capital and resources."
Is this guy doing an a GCSE in the bleedin' obvious? Which of those WOULDN'T YOU DO as a 'matter of course'? He's in over his head.
The thing I really did dislike from the Group Chief Executive in today's RNS can be summed up in that one (gutless)sentence: "New leadership makes immediate impact".
It then goes on to talk about how the new appointees in various geographical regions are the answer to previous shortfalls, almost suggesting what a marvelous and decisive decision-maker the man at the top has been to appoint them. It goes on to say, "We have performed a rapid assessment of that division and have identified clear areas for improvement including: (i) better commercial scrutiny and ambition; (ii) tighter cost control and ownership of cost reduction initiatives; and (iii) improved allocation of capital and resources."
An obvious question off the back of that? Who the hell was managing the previous incumbents - or should have been - when they were creating the mess that is only now being attended to - through neccessity? At least have the guts to hold your hands up rather than just throwing them under the.....bus.