The results from Greenwich LifeSciences’ mid-stage study fueled Sellas stock to jump 73% on Wednesday as retail investors looked for the next tiny biotech stock to gamble on. I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. Computershare Investor Services Pty Ltd is responsible for keeping Focus Minerals’ registry of shareholders up to date. The court even added a self-interested, pro-New York argument, namely that “this state is considered the national and international center for wholesale wire transfers.” Getting the law right would therefore be good for business.The court therefore adopted the discharge for value rule because it was “consistent with and furthers the policy goal of finality in business transactions.” It framed the rule this way:When a beneficiary receives money to which it is entitled and has no knowledge that the money was erroneously wired, the beneficiary should not have to wonder whether it may retain the funds; rather, such a beneficiary should be able to consider the transfer of funds as a final and complete transaction, not subject to revocation.That sounds good for Revlon’s creditors; but not so fast. Ray Dalio shared his outlook for financial markets this week in a Reddit "Ask Me Anything" session this week. Benzinga does not provide investment advice. Investors. New York-based Sellas carried a market value of just $81 million as of 9:35 a.m. in New York. Past Track Record: Has FML been consistently performing well irrespective of the ups and downs in the market? The Company operates in three segments: Coolgardie, Laverton and Corporate. High Dividend: Unable to evaluate HRZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. 18/03/20: Patrick Power: Issued : 5,000,000 : $0.003: $15,000 : Issue of options. Please click on the link below for Top 20 Shareholder as at 20 June 2018. Due to the vaccines, air travel will return and may capture some former cruise ship passengers. Costco reports earnings amid softening sales and a tough start to holiday shopping, as the pandemic drags on. Focus Minerals Ltd. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. The overall trend in OS in total population was a median survival benefit of plus 2.7 months. Data supplied by Morningstar and accurate on 14 Aug 2020. The time has come to take profits in super-pricey software stocks like Zoom Video Communications, Okta, and DocuSign—and to find bargains elsewhere, J.P. Morgan says. He was pretty bullish, with some big caveats. It’s Time to Shift Away From Zoom Video and Other Covid-19 Tech Plays, J.P. Morgan Says. Laverton Gold Project – READ MORE Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. It says that, as a general matter, money paid based on a factual mistake can be recovered “unless the payment has caused such a change in the position of the other party that it would be unjust to require him to refund.”This rule is based on the moral notion that no one deserves to be enriched unjustly. Shareholder Number of Shares % Shares; Buratu Pty Limited (Connolly Super Fund A/C) 107,737,499: 6.33: Debuscey Pty Ltd: 30,000,000: 1.76: BNP Paribas Nominees Pty Ltd (IB AU Noms Retail Client DRP) 25,595,287: 1.50: John Pezzaniti: 21,069,497: 1.24: PAC Partners Pty Ltd: 20,777,982: 1.22: Raymond Laurence Carroll: 20,500,000: 1.20: Citicorp Nominees Pty Ltd: … But the long term shareholders of Focus Minerals Limited have had an unfortunate run in the last three years. The content is intended to be used for informational purposes only. 21/04/20: William Dix: Expiry : 800,000 : $0.115: $92,000 : Options expired. The combination took the DMS name for the ticker, and initiated trading at $10 per share. Greenland Minerals Limited (GGG, formerly Greenland Minerals and Energy Limited) is an exploration and development company. Investing is all about profits, and part of generating profits is knowing when to start the game. 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Or could the bank keep your payment, on the theory that you do in fact owe them the money and hey, some people pay off their mortgages early?You will be unsurprised to hear that lawyers have technical names for the rules that would lead to the two alternate outcomes. The case, which is being heard by Judge Jesse Furman in federal district court in New York, pits two entirely logical and reasonable principles against one another. Avoid making these errors and you'll enjoy a better financial life, the money guru says. "Boeing's stock will rise once mass inoculation against the virus starts happening. Shares in Focus Minerals are currently trading at A$0.24 and the price has moved by -13.21% over the past 365 days. It is very important to do your own analysis before making any investment. This has been hidden from people for too long. Shares are priced at $34.14, and the average price target of $55 suggests a 61% upside potential from that level. Of that total revenue, the company saw a gross profit of $25.1 million, for a 30% gross margin. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. Boeing's commercial airplanes segment produces about 60% of sales and two-thirds of operating profit, and it competes with Airbus (Pink: EADSF) in the production of aircraft ranging from 130 seats upwards.The defense segment for Boeing produces about 25% of sales and 13% of operating profit, respectively. This kind of ownership, if predominantly strategic, can give these companies a significant power to affect FML’s business strategy. Top 20 Shareholders. In this analysis, my focus will be on developing a perspective on Focus Minerals Limited’s latest ownership structure, a less discussed, but important factor.Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. The transaction is regarding the potential sale of Focus' Coolgardie Gold Project which was discussed in an article in the West Australian on 09 March 2019. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. Photo: Simon SongThe Tsinghua Unigroup bond in question was backed by a so-called keepwell guarantee, whose enforceability has been a question mark in the past. No creditor expects to get the full principal from a sophisticated borrower when only interest is owed. 20180620 Top 20 Shareholders Check out our financial health checks here. The Nepean ore body consists of over two lodes of nickel sulfide intersected by almost horizontal pegmatite sills that offset the mineralization. Boeing's global services segment provides aftermarket servicing to commercial and military aircraft and produces about 15% of sales and 21% of operating profit.737 Max DisasterIn recent memory, the safety and future commercial viability of the Boeing 737 Max weighed heavily on investors' minds. Focus may vary the timetable and will advise shareholders of any significant changes to the timetable. Buy), and his $60 price target implies ~72% upside on the one-year time horizon. A ‘flood of money’ should keep this bull market alive, even with the U.S. at a ‘tipping point,’ billionaire investor says. Fortunately, Wall Streets analysts are busy separating the wheat from the chaff among the market’s low-priced stocks, and some top stock experts have tagged several equities for big gains. That leaves the question of whether sophisticated financial actors like the creditors knew the money they were getting was received in error.Technically, that’s a question of fact: Did the creditors know this was a blunder? Comments are closed. They want to keep him quiet. This may not be consistent with full year annual report figures. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. (Bloomberg Opinion) -- The $900 million Citi-Revlon lawsuit that started on Wednesday is a law professor’s dream. In that case all bets are off.) 09/09/20: Norman Ashton: Buy +967,741 : $0.031: $29,999 : Participation in share purchase plan. I highly recommend you to complete your research by taking a look at the following: 1. The caveat built into this rule is that there might be some circumstances in which the person who gets the payment has relied on the belief that the money actually does belong to him, and that it might be unjust to make him repay it. Focus Minerals Ltd (FML:ASX) company profile with history, revenue, mergers & acquisitions, peer analysis, institutional shareholders and more. FML insiders hold a not-so-significant 1.48% stake in the company, which somewhat aligns their interests with that of shareholders. This survey was conducted by Benzinga in December 2020 and included the responses of a diverse population of adults 18 or older.Opting into the survey was completely voluntary, with no incentives offered to potential respondents. Citi was responsible for sending interest payments to Revlon’s creditors. "The data around overall survival, particularly in pre-defined subgroups, suggests efti is having a meaningful and significant impact," McCarthy wrote in a note to clients. Check out our latest analysis for Focus Minerals ASX:FML Ownership_summary Jun 3rd 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. Could you ask for your money back on the theory that obviously you didn’t intend to pay off your mortgage? On the one hand is the idea that if someone pays you money by mistake, you should give it back. Focus Minerals is a leading Australian gold explorer with one of the largest bank balances of any explorer on the ASX and tenure in Laverton and Coolgardie, two of the most exciting gold regions in WA. The data were presented at the San Antonio Breast Cancer Symposium which is taking place this week. the free visual representations of FML’s historicals, Analysis-U.S. blessing Facebook deals complicates lawsuit demanding Instagram sale, Stocks Drop, Bonds Climb Amid Stimulus Standoff: Markets Wrap, Oil Emerges from Covid Abyss With Startling Year-End Turnaround, Economists warn after disappointing jobs data: ‘Unfortunately things are likely to get worse’, 2 Stocks That Are Flirting With a Bottom; Analysts Say ‘Buy’, Airbnb Stock Opens at $146 After Pricing IPO at $68 a Share, ANZ Don't want Warne's system to continue, Suze Orman says don't make these terrible money missteps, Retirement advice from the man who created the 401(k), Airbnb prices initial public offering at $68, above targeted range, A Fascinating Case About Paying a $900 Million Debt by Mistake, Tesla's Musk relocates to Texas from California; compares himself to war general, DoorDash IPO is 'most ridiculous of 2020' and 'holds no value': Analyst, Why You Should Stop Drinking $7 Supermarket Wine, Is Nio Stock A Buy Now As Chinese EVs Boom? "The OS data in subgroups such as those below age 65 years are highly encouraging and may lead to more effective treatment options for metastatic breast cancer patients." Chinese chip maker Tsinghua Unigroup said that it cannot repay the principal on a US$450 million bond due on Thursday, the latest default by the company and a blow to Beijing's efforts to build a self-sufficient semiconductor industry.The failure to repay principal on its debt could trigger cross-defaults on as much as US$2 billion in additional debt held by the company, which is majority owned by a division of Beijing's prestigious Tsinghua University. One analyst's view of the hyped DoorDash IPO: “They do not have a way to make money long-term. Today, I will be analyzing Focus Minerals Limited’s (ASX:FML) recent ownership structure, an important but not-so-popular subject among individual investors. 2. Note that our analysis does not factor in the latest price sensitive company announcements. "It would be the first US dollar default by a Chinese chip maker as concerns continue to grow about debt levels on the mainland and a series of defaults by state-backed companies.In the past two months, Yongcheng Coal & Electricity Holding Group, a state-owned mine operator in Henan province, and car maker Huachen Automotive Group, also known as Brilliance Auto, have missed debt payments, sparking sell-offs in some parts of the debt market.China's corporate bond market is on pace to set a record for missed payments this year, surpassing 143.6 billion yuan in defaults last year. The application of that precedent to the Citi-Revlon case will likely determine the outcome.The court in the Banque Worms case explained that there was especially good reason to apply the discharge for value rule when it came to electronic transfers, which at the time were still a relatively new financial technology. Join Millions of Traders who have also chosen Plus500! They’ve been getting positive reviews, and despite their share depreciation, they hold Buy ratings and show upwards of 60% upside potential.Digital Media Solutions (DMS)We will start with Digital Media Solutions, an adtech company which connects online advertisers with customers through performance-based branding and marketplace solutions. The company raised $3.5 billion at a valuation of more than $40 billion. As disclosed to the ASX on 11 February 2019, Focus and Intermin Resources Limited entered into an exclusivity agreement. The study reflects results from over 300 adults.Photo credit: pjs2005 from HampshireSee more from Benzinga * Click here for options trades from Benzinga * Will GE Or Boeing Stock Grow More By 2025? Top 20 Shareholders; News Announcements; Company Reports & Presentations Focus Minerals Limited (FML) is a gold explorer and developer. 28/08/20 Annual Report to Shareholders Download. Focus Minerals Limited's company bio, employee … Prices fall for a reason, and sometimes that reason is fundamental unsoundness. EPS was 3 cents per share, beating the predicted 5 cent loss by a wide margin.JPMorgan analyst Philip Cusick writes of ViaSat: “[We] believe long-term growth levers remain intact highlighted by record segment backlog of $1.1b… We view ViaSat as a satellite innovation leader and believe the company’s future ViaSat-3 fleet will accelerate growth in satellite services over the coming years. (Bloomberg) -- Greenwich LifeSciences Inc., the biotech firm that soared 998% on Wednesday, is flying high as day traders pile into the stock for a second day.The company, which again reached a market value of over $1 billion on Thursday, skyrocketed when mentions of its poster presentation at a cancer meeting continued to buoy sentiment.While the Stafford, Texas-based company’s core findings of an experimental breast cancer drug had been known for months, it didn’t stop retail investors from sending the stock on a massive surge.Shares of peer Sellas Life Sciences Group Inc. also joined the rally. From $15 million in sales this year, the analyst forecasts sales to more than double to $35 million by 2022 -- then apparently zoom 2,000% more to approach $750 million by 2025.If Luminar even just promises that kind of growth (whether or not it actually delivers), the prospect alone might tempt investors to stick around and see what happens in 2025 -- especially seeing how well the stock has already done in 2020. A substantial ownership of 30.83% in FML is held by the general public. Regrettably, they have had to cope with a 63% drop in the share price over that period. : Coolgardie, Laverton and Corporate have a way to make money long-term '' one respondent said monthly starts. Points out that realistically, Luminar probably wo n't capture 100 % of dividend payers, Top!: options expired and development projects in two goldfields: the Laverton Gold Project ; Laverton Gold Project ; Table. 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