I think we all agree on that... the sell off was way overdone &, as long as the two accused shareholders don't come back into the news again, we'll be on for at leat 70p if not 80.
Good luck....
Response to my email to FGN:
I am in receipt of your enquiry below. Formal notice of time and venue will be given before any planned shareholder meeting.
With best regards,
Stanley Hirsch,
Group CEO,
FuturaGene Plc
Yes, I'd be very happy to see a rise of 1p/day until then ( whenever that is !! ).
I'm assuming a date hasn't been published as I can't see any news anywhere.....
Thanks mate.... extract :
Bank Zachodni's Q1 results in line with expectations
Closing Price 146c Rating: Outperform 11/09/09 Previous: Neutral 30/06/09
Bank Zachodni (BZ) has recorded Q1 net income of 233m zloty, which represents a 96% increase year-on-year. Although it is down on the 261m zloty recorded in Q4 2009, this is a result of a higher tax charge, with profit before tax in Q1 of 348m zloty ahead of the 331m zloty recorded in Q1. The result is in-line with consensus expectations (Bloomberg) and is a positive for Allied Irish Banks (ALBK), which is looking to dispose of its 70% stake to fill a large part of its €7.4bn capital raise requirement.
I read the other day a forecast saying sp of ALBK will be seriously affected by asset sale prices ( bearing in mind of course that these are essential if the bank is to rebuild it's capital ratio ) so the polish figures on Friday are v important & could see a major recovery in the sp if they are +ive.
Cheers
Shares in Wellstream shed 6.7 percent, making the oil services group one of the biggest fallers on Britain's midcap index, after French rival Technip wins a major contract from Brazilian oil company Petrobras .
The contract will see Technip supply pipes to develop the deepwater Tupi discovery offshore Brazil.
Oriel Securities said in a note that Wellstream not winning the contract raised questions about the share of the Brazilian deep water market that the company can win.
'The shares had been anticipating good news - or a bid - and are too far ahead of events,' said the broker, which has a 'sell' rating on the stock.
To see Technip's statement please click on
Reuters messaging rm://sarah.young.thomsonreuters.com@reuters.net
BROKER CALL: Belated price target hike for Cookson
28 April, 2010 07:20:35 AM
Citi takes its valuation to 750p a share from 615p and repeats its buy in the wake of Monday's upbeat trading update. The IMS also results in a 9-15% rise in EPS forecasts.
On the contrary mate... I was just deducing that was the case having read your post. I haven't been able to find any info on why the sp is moving up other than the assumed rebound from the insider trading reports a couple of weeks ago ( on the prospect of which I purchased my stock ). I'm assuming the offer is still on the table but haven't heard anything further.
Cheers