Market's view on Team Internet
Published on April 2024
- A stock watcher predicts a new share buyback might start soon after the AGM, based on previous years’ patterns and potential hints of an acquisition.
- Concerns are raised over the recent drop in share price, especially following a dividend adjustment.
- Interest is anticipated for an upcoming presentation at the Mello event, which might boost investor attention.
- There’s speculation about an ongoing share buyback program, with a watcher noting there hasn’t been an announcement about its completion.
- A typo in a company document regarding the date is acknowledged and corrected by the company following a query from a stock watcher.
- There’s talk about extending the share buyback program and the specifics regarding the AGM authority for buybacks, with some confusion over the dates.
- Company shares have started trading on the OTCQX in the USA, which is seen as a move to increase visibility and attract US investors, potentially leading to a future NASDAQ listing. The CEO emphasizes the strategic importance of enhancing shareholder value and expanding in the US.
- The impact of the company’s US trading on potential Inheritance Tax (IHT) benefits is questioned, with details discussed regarding recognized stock exchanges by HMRC.