focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Although the large and deeply discounted placing was very annoying, the reality is that there has been very strong buying since, and the share price has not cratered. This indicates that the market perceives grounds for optimism. And the market tends to be right more often than I am.
But on the downside a massive 23% dilution from a placing at a colossal 40% discount. If the Board thought the Company was on the cusp of turning the corner and starting to generate some real income, I don't see how the could possibly have countenances approving that. It leaves a very bad taste in the mouth.
Yep. And an unnecessarily hard kick in the nuts for PIs.
It says this on Companies House: "Register a charge (MR01)
A ‘charge’ is the security a company gives for a loan. For example, a mortgage is a type of charge.
You can send us the details of a charge created by the company. We’ll then register the charge on the company’s public record."
As DHSC has not, to our knowledge, paid ABDX for equipment ordered from them, delivered, and used (byBiobank) I'm at a loss to know what constitutes a loan from DHSC to ABDX. But it does seem to suggest that DHSC might have paid up, and this is a clawback provision in case GLP win and the judge orders the Government not to pay (which seems exceedingly unlikely to me as the kit was supplied and used). But the company do need to clarify what is going on.
I read an article quite recently, I think in The Spectator, bemoaning the fact that swathes of good agricultural land was being covered with solar panels while almost all rooftops didn't have them. Especially for big sheds, this could be just the right time for this product.
Presumably will be going up on this news
https://www.dailymail.co.uk/news/article-10954069/Biden-anounces-G7-ban-Russian-gold-response-Ukraine-war.html
Hi Gmf1991. Please could you share the plethora of evidence that a strong social security system promotes economic growth. A google search didn't throw up much, some of it pretty old, all looked pretty inconclusive. I'd appreciate the opportunity to peruse the evidence you've obviously seen. Also, any comparative analysis of social security systems, especially those showing that the UK's is relatively miserly. I thought it was pretty good taken in the round. Rather than just cherry picking a couple of small elements of it.
Many thanks in advance.
Insolvency beckons. Or a takeover at who knows what price - Blofeld have probably already marked it down. Or, or, it may just manage to refinance. That would involve a humungous equity placing, presumably at a discount to today's price, potentially diluting current shareholders to oblivion. It's like an AIM company in death spiral financing at the mo. But, still potentially a bit of money to be made on a dead cat bounce.
'Very significant discount'. A phrase to make the blood run cold.
And yet buying has been matching or outstripping sells since the offers were rejected. Sure part of the plunge is because of that - but part is down to relentless bot trading, which amplifies swings. This will bounce back to a more reasonable level when the bot locusts move on to their next feast.