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API wind-down?

SKYSHIP
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Re: API wind-down?

#665259

Postby SKYSHIP » May 22nd, 2024, 3:20 pm

ukmtk - read the RNSs

The BoD was against wind-down when they were recommending the CREI bid.

Shareholders voted that down; so BoD now recommending wind-down.

SKYSHIP
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Re: API wind-down?

#670711

Postby SKYSHIP » June 24th, 2024, 11:52 am

Now 4 weeks after the 95% approval vote for the wind-down.

A bit soon to expect any disposals news; so in the meantime the sp slightly drifting from boredom - people just too impatient!

It does mean however that these are even better value at c51p, with a likely GRY% pa of perhaps 18%.

A return at that level most certainly justifies the MAX allocation in my SIPP.


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