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Share Price Information for Smithson Invest (SSON)


Share Price: 1,184.00Bid: 1,182.00Ask: 1,186.00Change: 0.00 (0.00%)No Movement on Smithson Invest
Spread: 4.00Spread as %: 0.34%Open: 1,184.00High: 1,188.00Low: 1,176.00Yesterday’s Close: 1,184.00

Smithson Investment Trust Plc Ord 1P






Share Price SpacerPrice
1184.00
Share Price SpacerBid
1182.00
Share Price SpacerAsk
1186.00
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
422,324
Share Price SpacerOpen
1,184.00
Share Price SpacerHigh
1,188.00
Share Price SpacerLow
1,176.00
Share Price SpacerClose
1,184.00
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 101.13m £1,197.33m 2,000

52 Week High 1,226.00 52 Week High Date 30-APR-2019
52 Week Low 984.80 52 Week Low Date 2-JAN-2019

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
273 37,764 239,822 0.000 0.00 0.00 0.00


London South East Users info for Smithson Invest




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

24-May-19
17:07:43
1,183.947
53
Sell* 
1,182.00
1,186.00
627.49
Trade Type:
Ordinary

24-May-19
16:36:59
1,186.00
100,000
Buy* 
1,182.00
1,186.00
1.186M
Trade Type:
Ordinary

24-May-19
16:35:01
1,184.00
2,993
 
1,182.00
1,186.00
35.44k
UT 
Trade Type:
Uncrossing Trade




View more Smithson Invest trades >>

Directors Deals for Smithson Invest (SSON)
Trade DateActionNotifierPriceCurrencyAmountHolding
26-Oct-18Notification of Holding
Trade Notifier Information for Smithson Investment Trust
Mark Pacitti held the position of Chairman at Smithson Investment Trust at the time of this trade.
 Mark Pacitti
0020000
26-Oct-18Notification of Holding
Trade Notifier Information for Smithson Investment Trust
Diana Dyer Bartlett held the position of Non-Executive Director at Smithson Investment Trust at the time of this trade.
 Diana Dyer Bartlett
005000
26-Oct-18Notification of Holding
Trade Notifier Information for Smithson Investment Trust
Anthony St. John of Bletso held the position of Non-Executive Director at Smithson Investment Trust at the time of this trade.
 Anthony St. John of Bletso
005000
View more Smithson Invest directors dealings >>


PitseaAbe
Posts: 10
Opinion:No Opinion
Price:1,194.00
RE: Issue of Equity
15 Apr '19
Here's a reply I received from SSON

There are two aspects to this question that need to be addressed separately.

Firstly, the shares are only ever issued at a premium to the Net Asset Value. As such, the existing shareholders in Smithson benefit from an enhanced net asset value following any tap issue. There are also a number of softer benefits to the issue of shares. First, from the Investment Management team’s perspective, they can tweak the portfolio more efficiently. Secondly, the fixed costs involved in the running of Smithson are spread over a greater value meaning there is a slight reduction in the costs and charges.

The second aspect to your question, what would have happened to the share price, is far harder to judge. Ultimately, over the longer term, the share price should follow the net asset value and, therefore, over the longer term, the benefits outlined above also apply to the share price. In addition, the issue of shares does have the added benefit of increasing the liquidity in the shares, which is of benefit to all shareholders in the event they want to buy or sell.
PitseaAbe
Posts: 10
Opinion:No Opinion
Price:1,129.40
Issue of Equity
28 Mar '19
The number of shares in issue has gone up from some 82M to 92M. How much would the share price have increased without any increase in the number of shares? Can someone explain the benefits to PIs of the issue of equity?
chewlse
Posts: 801
Opinion:No Opinion
Price:1,127.00
RE: Issue of equity
28 Mar '19
This doesn't stop rising. It's getting to the point where I feel I need to take profit.
PitseaAbe
Posts: 10
Opinion:No Opinion
Price:1,105.80
RE: Issue of equity
2 Mar '19
Or is it because the management want to build up a big stack of cash so that they can pay themselves a nice big bonus? I think I'm maybe getting too cynical in my dotage. Let's hope so.
PitseaAbe
Posts: 10
Opinion:No Opinion
Price:1,105.80
RE: Issue of equity
2 Mar '19
Or is it because the management want to build up a big stack of cash so that they can pay themselves a nice big bonus? I think I'm maybe getting too cynical in my dotage. Let's hope so.
View more share chat for Smithson Invest (SSON) >>







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