Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
?
Connected link:
https://www.ft.com/content/826fb9bb-b27f-4c68-ad4b-a54ad74713c9
"No one asked."
That doesn't mean no one's interested. We are all entitled to express our unsolicited views as and when we want to, and just ignore the small-minded antagonists such as you reveal yourself to be. Bye now.
I often think that, too, Warthog. Such things never seems to equate to anything we'd usually recognise as rational, though., I commented on this very point just a last week on XPP. Tiny volumes, but the principle stands.
https://www.lse.co.uk/ShareChat.html?ShareTicker=XPP.GB.PL&share=Xp-Power-Limited
Enquiries:
XP Power
Gavin Griggs, Chief Executive Officer +44 (0)118 984 5515
Matt Webb, Chief Financial Officer +44 (0)118 984 5515
Citigate Dewe Rogerson
Kevin Smith/Lucy Gibbs +44 (0)207 638 9571
Griggs and Webb can go for a start, no golden handshake either, especially as shareholders have been stiffed just days before payment. Utter disgrace.
It's an utter disgrace that there's no RNS about anything that's happening here
"(Sharecast News) - Power converter solutions provider XP Power said on Friday that it has cancelled its second-quarter dividend payment following discussions with major shareholders.
Having taken account of views expressed by its major shareholders, the company has decided to cancel the second-quarter dividend of 19.0p per share, approximately £3.75m of cash expenditure, that was due to be paid to eligible shareholders on 12 October 2023.
The London-listed group said it will continue to take "all necessary internal actions" to manage its cost base and cash resources, in order to strengthen the balance sheet in the near term.
XP Power added that no further dividends will be paid in respect of the 2023 financial year but said it "recognises the importance of dividends to shareholders" and will recommence paying dividends "as soon as appropriate".
Chairman Jamie Pike said: "Notwithstanding these short-term challenges, the board believes XP has a positive longer-term outlook and we are fully focused on ensuring that the group realises its potential."
As of 0935 BST, XP shares were down 5.56% at 764.0p.
Reporting by Iain Gilbert at Sharecast.com
As at 10:35, 04 October 2023:
Total sells value: c.£3,100 (c.82% of trades)
Total buys value: c.£13,750 (c.18% of trades)
Share price movement: -7.11%
WHY?!
... for this stock? It was issued at 7am today, so should be linked.
Of course, the 47% SP drop reveals it's very bad news. I think I'm just about wiped out on this awful stock now. Thanks, XPP.