Due to reports that the UK is under new Covid restrictions, the pound has fallen to its lowest point in over a year. Travel stocks are also on the decline.
$200m of new loans secured by Cineworld Group
(CINE ), UK’s biggest cinema exhibitor chain has announced that it has secured $200m in incremental loans from existing lenders. These loans will mature in May 2024.
Trader’s Cafe with Zak Mir: OEX, SAR, CINE, ECO, DEFI, KIBO & YOU via Vox Markets
Oilex (OEX), whose shares seem to be intent on not factoring in positive fundamental factors, said it continues to progress its main objective of accessing the significant gas resource potential
Traders Cafe with Zak Mir: Bulletin Board Heroes 16th July 2021 via Vox Markets
Zak Mir takes a technical analysis look at some of the most followed small caps on the London market. Today’s selection includes Argo Blockchain, Cineworld, Pantheon Resources and Zoltav.
TheBizLounge: Will @Cineworld’s Regal buy prove a flop? And the EU clamps down on tax havens
Taking the stress out of stocks… FTSE250 cinema owner Cineworld buys US rival Regal for £2.7bn, but investors are not convinced it’ll prove a blockbuster. And the EU’s tax commissioner