Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Latest reports from CNN -
(CNN)Shipping experts believe it could take days or even weeks to free the 224,000-ton vessel that is wedged across the Suez Canal, blocking one of the world's busiest waterways since Tuesday.
The Ever Given, a container ship almost as long as the Empire State Building is tall, ran aground on March 23 after being caught in 40-knot winds and a sandstorm that caused low visibility and poor navigation, the Suez Canal Authority (SCA) said in a statement.
Dislodging the vessel could take "days to weeks, depending on what you come across," according to Peter Berdowski the CEO of Boskalis, whose sister company SMIT salvage is now working to free the ship.
Berdowski told Dutch TV on Wednesday that his company had determined it was impossible to free the ship with its current cargo on board. "The ship with the weight that it [has] now has is impossible to pull," he said. "You can forget about that."
If you look at the price paid for the trades you can gauge whether they are actual buys or sells. I just wouldn't go by the running totals you see on here.
I think there must be a big sell going through. It has been constant buys for the the last 30 mins but no real price movement.
DM, what price are you hoping for to buy back in ?
*buys not bits
I’m no expert on this but I think it’s literally just matching the sells and buys that are being offered. Nothing to do with with bits and sells in the day. If you have access to L2 you can see what the brokers are offering to buy and sell. It’s just the matching of these trades.
Raffles, the UT isn’t related to the days trades-
At the closing of the auction the bids/offers are frozen and an attempt is made to match as many shares to be sold against shares to be bought - the result of this is what is known as the 'Uncrossing Trade' (UT)
Thanks Jeffrey. Noted.
Nowhere to be seen this afternoon ......
It’s not a 1.1m buy, it’s the UT. Happens every day. I’m amazed the amount of people who don’t even understand the basics.....
It's up after a dramatic fall......
You need to look at the bigger picture, not the last 5 mins
Someone told her she had 8" clearance when it was really on 4"
The fact that POO hasn't dropped on the news is a very good sign. Let's hope this is the new bottom.
Looks like the tanker has been moved out of the way. Let's see how POO reacts.......
It's following the oil price, as it always does. Not rocket science.
This just shows how overdone the drop was yesterday
It’s reviewed every 3 months so no need for any immediate concern.
DM, it’s not the fact you sold out, that’s your choice. What annoys people is the change in your rhetoric to suit YOUR situation.