Sorry was cut off. The day after Berenberg was suspended from advising major companies which want to float on the UK market due to a lack of activity .Only temporarily revoked until they can hire senior staff with sponsor experience
JL. They are only closing the Butaw estate which had just 1400ha planted . Their main estate at Palm Bay has 6500ha planted and is running quite well producing 4000mt ffb/month. Think the huge write down more for KLK tax than anything else. $ 35 m when PAL is capitalized at just £3m. rgds
Good point JL but remember the DKL numbers shown on Morningstar of a daily average of 520k are hugely distorted by the recent placings. Often days go by without hardly any trades, much like REA. Remember too that MPE is worth some £ 368m whereas DKL is a tiddler at just £ 11m. REA is four times larger than DKL. And DKL is four times larger than PAL !
No not me. My broker has steadily increased prices throughout the day. quoting 115 on opening and the latest 117.74 Has increased his buying price too from 110 to 112.35 so out of line with all these programmed sales
JL. Strange in that my brokers price ideas have increased since opening today. He now wants 116.56 (up from 115) and is a buyer at 111.44 ( up from 110). Maybe broker dropped the price to catch some limit sells because there is a large buy to fill.