Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Every share has its peaks and troughs but reinvesting the divi every year makes a huge difference over the long term. It doesn’t take much to spook the markets at the moment but as AASea says you will either be purchasing a bargain in May or hopefully the markets will have settled and the sp recovered somewhat. You are compounding earnings. One of the most significant advantages of dividend reinvestment is that it allows you to buy more shares and build wealth over time. I am fortunate in that my entire holding is in an Isa and no worries about paying tax on the substantial Divi but everyone is different and some have been lucky if they sold before the Divi and repurchased now. All about the timing.. gl all
The extra capital will give Sym a bit of breathing space. The fact that they have been able to raise funds at a premium is a good sign. Always jam tomorrow and quite a ways to go before break even for moi ! Onwards and upwards, hopefully..
The governor of the Bank of England has said that UK banks have emerged from a volatile few years in "sound health", but said the stagnating share prices of major lenders remained a "puzzle".
Andrew Bailey, speaking in a lecture at Loughborough University, said there had been major macroeconomic disruptions over the last four years, since the onset of the Covid-19 pandemic.
"UK banks have come through the turbulence of the last four years in sound health, and that has enabled them to contribute to maintaining financial stability and to support the economy and their customers during these difficult times," he said.
"That was not always the case in the past," he added, referring to the 2008 global financial crisis which led to wide-reaching reforms in the banking sector.
Banks now hold much greater levels of capital reserves with the Bank of England, which helps to maintain financial stability.
And in the future, banks may choose to hold more reserves than previously expected, the Bank chief said.
Bailey also said that the UK banking system had proved to be more resilient, but that there was a "puzzle expressed often by banks", asking: "If this is a good news story, why are the valuations of banks so much in the doldrums?"
This judgement puts quite a dampener on Sym’s biodegradable plastic technology and it may be better to concentrate on the anti- bacterial side of the business which appears to work ! Can’t see what is going to boost the sp in the short to medium term. Will not be averaging down for the foreseeable.. gl all