Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
From top faller to top riser to total wipeout in four and a half hours of white knuckle, mad cap trading. Whatever the cost, trading the market can deliver a real rush.
It says "We and the Department of Health and Social Care provided strong arguments for dismissal at the judicial review hearing this week.
Our position was clear: this was a straightforward purchase of goods/services by a public body from an established LFT provider on normal market terms. Nothing more! "
We AND the DHSC. If the DHSC were also taking the position that this was a straightforward purchase of goods and services then they are legally bound to pay. To be honest their (DHSCs) reason for refusing to pay looks extremely dodgy. Anyway, interest will also be due.
It is important to remember that the GLP are suing the Government for failing to follow EU procurement rules. Abingdon appear to have acted in good faith, and to be collateral damage. Although GLP did want to scupper any possible benefit to flow from Brexit, hence their assault on the RTC. Whatever the outcome, I think ABDX still have a strong case to be paid for the equipment which they supplied, and which was used - including by me as a biobank volunteer.
Quote from McColls "Even if a successful outcome is achieved, it is likely to result in little or no value being attributed to the group's ordinary shares." Be careful out there.
Maybe Evraz will relist in Paris, or Frankfurt. Two countries happy to sanction bust to sell weapons to Putin, and the latter greatly responsible for ensuring EU reliance on Russian gas that is channelling colossal amounts of Euros to Russia every day. Plus both want to undermine London's position as global financial capital. I'd happily collect my divis in either country and spend them there,
Wow, Gavster, what a sanctimonious prig. So the FTSE shouldn't list international companies only home grown ones that only operate in the UK? What a little Englander. And he has swallowed the West's line on the Ukraine conflict hook line and sinker. There has been continuous conflict especially in the Donbas for the last six years. I agree the full scale invasion was ludicrous, but it's a lot more nuanced in Eastern Ukraine. As for making even small cogs stop turning - this has done nothing to stop Evraz turning, merely disenfranchised UK shareholders. No mention of France and Germany sanction breaking to sell weapons to Putin, or the massive reliance of the EU on Russian gas. Really, apologists for stupid Government decisions is the limit.
Davidspellancy - or we could go to where the divis are paid and live it up. Rich people and companies get round these sorts of obstacles every day. That's how the accountancy firms and banks earn lots of money.
Icecool, I did notice the Government have decided to abandon their earlier assertion that Evraz steel 'might'' be used in Russian tanks. Instead they've gone with the true fact that it goes into Russian railways, and drawn a tenuous link to military activity. As noted, no action against Rishi Sunak's wife, or France and Germany, who've been supplying actual weaponry to Russia, in breach of EU sanctions I think. And of course the EU continues to send Russia almost a billion Euros a day for hydrocarbons. The woke, virtue signalling hypocrisy is off the scale.
Its curious thats for sure. It might have been a buy thats been worked over several days - the price seemed very resilient yesterday in the face of apparent heavy selling. Hard to believe a sell of that size wouldn't have really cratered the price. But who knows, apart from the client, broker and MMs?
Phillip1976, it looks as if there are more buyers than sellers - but that's only what's been disclosed. Who knows what's going on in the background, where notification of trades can be delayed for days. The price action is your one true guide. Maybe peeps are forward selling their placing shares - and the trades won't even be displayed until after the placing is announced. I'm not saying that is happening here - but I've seen it happen on AIM more than once.
Hi Kaeren
Sorry if you've moved on from this - I've been working all day and just checking in on the bb now. Yes of course Han**** is ultimately responsible for the decisions he took as Minister. But in signing off the multitude of decisions he was required to sign off every day, he would have relied on summary policy briefs provided by civil servants. Did they spell out all the risks? I don't know, but I do know that, on the advice of NHS managers and NHSE they were extremely worried the NHS would simply be overwhelmed and that patients would be dying in hospital corridors. Remember the horrific pictures of just that happening in Italy? They were told several hospitals were on the brink of that here. Hence, a rushed, and in retrospect, ill-thought through policy decision to try and make space in hospital. It's easy to criticise in retrospect. I personally self criticise my decision to invest my money in NCYT now that I can see, in retrospect, that it has lost me money. Smiley face.
Kaeren, I agree the UK Govt have behaved despicably towards the UK testing companies, especially after announcing their policy to build a home grown diagnostic service. But the decision to move the elderly out of NHS hospitals into care homes was driven by NHS managers demanding that this was done to free up bed space for the expected tidal wave of incoming covid cases. And also to move NHS bed blockers into the local authority funded social care system - an issue which has bedevilled the NHS for decades, and which they seized the opportunity to swing in their favour. It's important to know where the decision came from, and why. Incidentally, the NHS had a strong case on bed blocking 20 years ago, but since then they have seen their funding increase significantly - and at the cost of local government which has not received anywhere near comparable uplifts. This is the guts of political decisions on resource allocation - there is no unlimited magic money tree.
Sorry for sounding off.