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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 a first-day share boost. Instead, Deliveroo shares dived, hitting a low of 271p, before closing at ...

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 Deliveroo's 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 Analyst has warned that Deliveroo's dire performance may worsen. (Pictured: Deliveroo workers from ...

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 drive humans and wildlife into closer contact is deforestation, including for agriculture such as oi...

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 Zambia and Botswana. They put the resident elephant population in Namibia at 5,688. They are worried that...

‘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 facilities and have permission from conservation authorities in their home country, authorities ins...