Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
I noticed that Osirium is in the same space as FLX having IPO'd very recently, they just secured the kind of contract FLX is after. They are on my watch list as recently floated companies have to be treated with caution IMO - having said that so do TW tips LOL!
I can't see why the SP is suddenly waking up. DotDigital is a dull share not that I mind too much but one wonders what they intend to do with the £20 million cash pile. I'd like to see an acquisition over buy backs
will be 31st August with implementation about 3 weeks later. It might be a close call for MRO this time as the acquisition completes around about this time
break even at 3.2p the excitement is a little flat since checking my portfolio. Like many LTH's there's a way to go here and no wonder the Directors are picking up bucket loads of shares on the cheap. However, this movement is encouraging GLA!
More like mind numbing,vague jam tomorrow promises, no revenue projection death spiral from the Muppet Show Duncan Duo - at the least Honest Ron's predictions of being bigger than Apple have not been swept under the carpet! What a twit.
Could be the reason for the uptick, should be news flow on 2 fronts. The US business gaining momentum and the Tannery trials now well into phase 2. As Woodford keeps topping up there's little reason to doubt the possibility of further progress/ recovery in the SP which has historical highs of over £3.50 - Also good to see IP Group share price recovering strongly
I don't think JG will take it private, I expect another acquisition as GIS expands its suite of services.
John Gunn adding. He's not short on shares either so excellent news....
but I think one day we'll get it. The strategy of garnering support from opinion leaders in specialist areas seems to be the best course of action. I share your frustration on the slow nature of the approval especially as it could save lives..........but that's med tech for you! As always DYOR!
My VOX markets app alerted me to this. Its a neat little app well worth looking at. Pleased with the Asda acquisition, and confident that the company will be able to materially improve on the profitability of this business. I liked the bit in the RNS which said that the weak pound will likely eliminate any impact this transaction will have the Uk's profitability while they turn it around
I noticed that Melrose is heavily shorted to 17%! - I believe MRO is well run and this is a cracking deal so I took all the shares I was entitled and now I've seen the vultures circling! Im not too worried but thoughts welcome please.....
Yes the next trading update should be interesting, especially in light of the weak pound.
Following the acquisition, presumably Melrose will be promoted to its rightful place in the FTSE 250 or FTSE 100 even? Any ideas on when the next listing reviews are?
Redleg now in Sainsburys, Tesco and Waitrose. I'm especially pleased to see Waitrose as their customers are usually willing to spend a bit more. Should see some decent numbers by Christmas especially from the US
but SP still in the doldrums. Could it be that the market does not buy the idea that so much progress has been made. The £5 million fraud has appears to cost a lot more
Its nice to see small gains in the SP but I cant help thinking these are just manipulations by the Market Makers to draw in more punters. Above 7p and I'll start to believe this is going somewhere
This is encouraging. Now lets get to a quid!
unknown other than the Prelims in Dec. - suspect we might get a trading update in September. It's not too much to expect after all the upheaval and the disappointing SP. - If this dips below 25p again its a screaming buy imo
have been hinted at in the last update that the previous management team made. It was reported that the company have strong relationships with the large utility companies. The installation may be up to individual customers if they own their properties, or it could selected out of convenience by social housing customers/ private landlords.
Apart from the sad news about Mr. Rawlings, all seems to be proceeding to plan. The underperforming Directors have left and the business is on a better footing. Im not sure Holt would accept the role if he wasn't confident of turning things around. With a credible plan/leaders 50p - just over half the float price, should be achievable. Now for some smart metre installation contracts and a better trading up date next month?