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April 22, 2021
Deliveroo shares still look expensive to me More on: It’s been a depressing month so far for shareholders in Deliveroo(LSE: ROO). The online food-delivery service floated its shares to great fanfare on Wednesday, 31 March. With the shares priced at 390p each, this valued the group at £7.6bn. But the Deliveroo share price collapsed right from the off — and kept plunging in April. Deliveroo shares dive Unlike most other IPOs (initial public offerings of shares), Deliveroo failed to deliver...
April 17, 2021
A damning report by an influential City firm has warned the value of loss-making Deliveroo could plummet by another £1.8billion, raising fears over how the company has been governed. The stock price has already dived by one third since Deliveroos disastrous stock market launch on March 31 – prompting critics to brand the firm Flopperoo. About 70,000 small investors, tempted by an invitation to buy shares before the float, lost heavily after taking initial stakes of up to £1,000 each. The An...
March 9, 2021
The Covid-19 question: How do we prevent future pandemics? by Jeremy Hance on 9 March 2021 The EndPandemics alliance brings together various groups working to prevent future zoonotic disease outbreaks by ending the wildlife trade and the destruction of nature, and transforming agriculture. Its founders say wildlife markets, such as the one in Wuhan from where COVID-19 is believed to have originated, are ticking time bombs where animal-borne viruses can enter the human population. Also helping ...
January 29, 2021
The country’s Environment Ministry is defending the January 29 auction as a conservation strategy, but conservations say the move is based on false population statistics, disputed claims of human-elephant conflict and puts 3% of Namibia’s last elephants up for sale Namibian elephants in Etosha. Conservationists estimate that between 73 to 84 percent of the government’s quoted elephant population figure consists of ‘trans-boundary’ elephants, those moving between Namibia, Angola Zambi...
January 29, 2021
‘A crime against nature’: Sale of African elephants linked to corruption, critics fear Jane Dalton © Provided by The Independent An auction of 170 African elephants may be a smokescreen for a done deal or linked to corruption, say critics of what is being dubbed “a crime against nature”. Namibia is asking for bids for the wild animals, saying the country has too many, and citing increasing conflicts with humans. Any foreign buyers must show they can offer quarantine...
January 29, 2021
The country’s Environment Ministry is defending the January 29 auction as a conservation strategy, but conservationits say the move is based on false population statistics, disputed claims of human-elephant conflict and puts 3% of Namibia’s last elephants up for sale Namibian elephants in Etosha. Conservationists estimate that between 73 to 84 percent of the government’s quoted elephant population figure consists of ‘trans-boundary’ elephants, those moving between Namibia, Angola Zam...
January 29, 2021
Namibia is selling the wild elephants, despite the outcry. Photo supplied The Namibian government will put 170 wild elephants up for sale today, 29 January, justified by false population statistics and disputed claims of human-elephant conflict. More than 100,000 people have signed a petition condemning the action… writes Don Pinnock, Daily Maverick. See petition here. The Namibian government says it has too many elephants and that the 170 are problem-causing animals. According to profession...
January 28, 2021
Namibia to auction 170 high value wild elephants due to drought despite objections Conservationists dispute the governments claims of overpopulation as the animal is at risk of extinction globally due to poaching The elephants have been accused of exacerbating a drought Credit: Mark Holdefehr Namibia is set to sell 170 wild elephants in a controversial auction ending on Friday in response to disputed claims that the animals growing populations are worsening a drought and threatening people....
January 28, 2021
. The Namibian government says it has too many elephants and that the 170 are problem-causing animals. According to professional guide and conservationist Stephan Scholvin, about 90 are to be captured on former indigenous San ancestral lands which have been seized and distributed to political elites. They sold logging rights in the area to the Chinese, who have “completely decimated” the endangered African rosewoods. With the government just emerging from a corruption scandal exposed by...
December 11, 2020
Short sellers won some high-profile victories this year with the collapse of payments firm Wirecard AG and hospital operator NMC Health. Otherwise, 2020 is shaping up to be the worst year on record for some investors seeking to profit from share price declines. A monthly index of short-selling hedge funds is down 32pc this year through October, according to data provider Hedge Fund Research. The performance is unlikely to have improved in November, given that European stocks posted their bigges...