UK 04:13 Thursday, 29 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Vedanta (VED) is a company that I have been consistently wrong about over the past year or so, but which I still like! Like pretty much any resource stock its shares have been slaughtered over the past 12 months, having traded in the mid 550s at the start of the year, as opposed to the current share price in the 280p range. That means its market cap has taken a hit of in the region of £770 million.
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Comments
turbograndad
Gary $16.4 billion debt vs $11 billion assets, its not solvent is it ?????? !!!!!!!!!
Gary Newman
Turbograndad,
Net assets of $11 billion seems pretty solvent to me!
I’m assuming you mis-read that paragraph?