Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Kaz, that's true enough but very few CFOs or CEOs get a perfect and constant run upwards on a companies share price. What I have looked at, is his initial impact when taking over as a CFO and in the two jobs he has had since 2011 has been pretty good. Personally, I think the revenue of this company will grow exponentially over the next few years. 25% increase this year is something most other companies will envy. With the main directors that they have in place from Barclays and Nat West, I can see next year will exceed that. Granted, it has had a rough start after listing but in my opinion, it won't take long to get a more steady foothold and then go from strength to strength. That's why I'm happy to hold onto my investment here. Gla. Dyor.
Neeraj Kapur, our new CEO here from the 26th March 2024...
He took Secure Trust Bank onto the stock market in November 2011 as the CFO. Through the first 4 years, the share price went from an initial £6.70 to £32.80. I think that he will be excellent for the company.
It should also be noted that when he stepped into his office at Vanquis in April 2020, the share price had nose dived from £4.76 to £1.72 in the preceding February and March of that year. Within 18 months of him being CFO, the share price was up to £3.74
I can fully understand why he would wait until the end of year results have been announced, to take over officially. He is already at work in the office, in an advisory role.
Good luck to all genuine holders. Do your own research.
Https://www.lse.co.uk/rns/CABP/chief-executive-officer-transition-86hla145pd2indf.html
In line with its announcement released on 16 January 2024, CAB Payments continues to expect total income for 2023 to be approximately 25% above the prior year. The Company will provide additional detail on performance in 2023 at its next scheduled update on 26 March 2024.
Bizarre!
"Analysts at the Royal Bank of Canada estimate that Close Brothers will be hit with a 200 million redress bill."
Financial Times...
https://www.ft.com/content/3bf0e7bc-fbe4-4e27-a785-a33fafe03654
This is nowhere near PPI, where claimants were paid back in full. Each claim here will be based on each individual case. Each claimant will only be due a payment of the difference in the interest rate that they were charged compared to the interest rate that they "should" have been charged. Nothing more than a couple of years dividends maybe. IMHO. Gla. Dyor.
"Analysts at the Royal Bank of Canada estimate that Close Brothers will be hit with a 200 million redress bill."
Financial Times...
https://www.ft.com/content/3bf0e7bc-fbe4-4e27-a785-a33fafe03654
Well done to all those who picked up some more at around 6.7p. Bonanza. However this unfolds in the coming weeks and months. Everyone will be a winner, especially if your holding is under 22p average. Imo
Bfd...
As part of Newmont’s portfolio optimization, the company is seeking to divest six non-core assets: Akyem, CC&V, Éléonore, Porcupine, Musselwhite, and Telfer. In addition, Newmont expects to divest the Coffee project in Canada and the Havieron project in Australia.
Redirons... what Sean said said was " At this stage, everyone should assume that the JV will continue."
Https://markets.ft.com/data/announce/detail?dockey=600-202402220705BIZWIRE_USPRX____20240222_BW310467-1
As part of Newmont’s portfolio optimization, the company is seeking to divest six non-core assets: Akyem, CC&V, Éléonore, Porcupine, Musselwhite, and Telfer. In addition, Newmont expects to divest the Coffee project in Canada and the Havieron project in Australia.
No trades showing on lse since 1134 this morning
Now resumed trading. Very strange 🤔
Trading 212 have just halted all transactions on this share
In my experience. Governments can sabre rattle and try to control everything about their currency but very few actually manage to deal with anything within weeks, months, years or decades! There will always be margins on currency transactions, the percentages may change but this BOD is wise and will shift focus to suit. This is not their only market and in my opinion, it will not stop the upward trajectory of the SP in the long run. Dyor. Gla.
Buys outstripping sells by 2 to 1 so this is a rather large retrace before heading north again.
Agreed. Taking a well earned breather before another push upwards.
Someone is buying shares on the cheap here, while the SP has been subdued. 7.2 sell and 7.3 buys to do no tend to be available for too long. I for one am topping up during the January sale! Keep your nerve. The gold is getting closer. Drilling to the top of the ore body is almost complete. Don't let your investment be bought on the cheap. Haveiron will be providing for GGP for decades to come. Hold for Gold! Gla. Dyor. Imo. Etc.etc.
GGP RNS 2nd May 2023
Director appointment and ASX listing update.....
Greatland has a high quality base of UK shareholders that have supported the Company on its growth journey to date. Greatland remains committed to the UK market and will remain listed on the Alternative Investment Market (AIM) of the London Stock Exchange should it complete an ASX Listing.
As part of the ASX Listing, Greatland is evaluating a corporate reorganisation, so that the Greatland group would sit under a new parent company incorporated in Australia (Reorganisation). If progressed, the Reorganisation would be affected through a scheme of arrangement under the Companies Act 2006 (UK), and would be subject to approval by Greatland's shareholders and the UK courts. Applications would be made for the admission of the new parent company to trading on both the ASX and AIM.
The purposes and objectives of the ASX Listing are to:
§ facilitate increased equity research and institutional investor ownership of Greatland to support greater liquidity and interest in the stock;
§ enhance Greatland's capital markets profile; the ASX is a natural listing venue for mining companies especially those with assets located in Australia; and
§ provide Greatland with access to deeper pools of capital to support longer term growth.
Greatland considers that the Reorganisation supports:
§ better alignment of Greatland's corporate structure with its assets and operations; all of Greatland's projects are located in Australia, as are Greatland's employees;
§ reduced costs and complexity associated with Greatland owning assets and conducting operations in Australia while being domiciled in the UK;
§ greater flexibility to pursue growth initiatives including corporate and asset level transactions including early-stage farm-ins and joint ventures which are continually evaluated as part of Greatland's growth strategy; and
§ increased institutional ownership of Greatland, as certain institutional investors may be more attracted to invest in Greatland as an Australian domiciled, dual ASX and AIM-listed, company.
As noted above, if the Reorganisation is undertaken it will be effected by a scheme of arrangement under the Companies Act 2006 (UK) and will require shareholder approval, meaning that shareholders would have the opportunity to consider and vote on the Reorganisation.
Greatland appreciates that shareholders may have questions about the Reorganisation and if the Reorganisation is pursued, shareholders will be provided with detailed information to consider ahead of a shareholder vote on the matter.
Asx cross-listing targeted for 2024 H2...
Now that sounds great to me!!!