Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
In the uk it looks like the recession has arrived. With interest rates over the last 10 years abnormally low given that the last 50 year interest average was 9.1 percent and over the last 100 years average interest rates were 8.3 percent. Can interest rate be lowered to help the economy this time and at what cost?
Oil always performs badly in a recession and the affects of low interest rates and money printing we may actually see a depression a drop in gdp for a couple of years.
I can’t wait to buy all my shares back I sold them a while back and just checked the share price but I think I will wait a little longer I’m thinking buy half back a£4 and then the other half at 3.90 and if it goes lower from there a buy at 3.80 to sell on the way back up.
If you imagine BP is your home and share holders are your bank/mortgage. When interest rates were low it’s worth buying back shares. Why buy back shares when you pay the share holders less then you would get interest payments in the bank?
Anyone got a mortgage out there with rates less then the rates you can get in a savings account?
Just would have made more sense to buy tomorrow morning. Buying today means you get the dividend depending on your tax situation you would have to pay tax on it or it would at least come of your tax free allowance. But mainly the share price will drop at leases 7p in the morning so better to buy tomorrow.
No mad we done research and in the last 20 years there has only been 1 example of the BP share price rising on ex div date if i remember correctly. But please you must do your own research.
I don't think its low expectations Mr gringo I think its just lack of understanding.
Higher interest rates take about 6-18 months to filter though so in reality we are only feeling the impact of the first few rate hikes and I shouldn't have to explain what higher interest rate are going to accomplish, if you don't know that you shouldn't be investing.