The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I don’t think Frasers would be vocal unless they were entirely happy with the SR to date Skindle.
They called for it in the first instance to maximise shareholder value as they didn’t like the suppressed SP and it was backed fully by Schroders.
They have a seat at the top table so will be privy to almost everything that is going on. Their silence is deafening but I believe it’s all because they are content with where it is heading and the fact that any info, leaked or otherwise, has been zero gives me confidence that we should all collectively benefit.
We will find out shortly.
I am disappointed that the trading statement has still not been released but I take comfort from the fact that our most vociferous shareholder, Frasers has not issued a public statement of complaint. I take that as a good sign.
.....and it looks like you have got your wish 1GW.
I partly agree 1GW. I have previously said that it feels to me like they are putting the finishing touches to something before making an announcement.
The TU is being used as a bit of a smoke screen. The numbers are known to them and they could easily have released an RNS per the original timings. In the meantime, with PK getting his A team in place, in particular Le Brocque committing full time and being so bullish about the future, I believe the current health of STU isn’t in question.
I am not as sceptical as you re: Fridays for RNS release.....I just want to know the facts and am not bothered which day they choose!
I would be very surprised if they slip out a TU late on a Friday - that is normally only for trying to bury bad news isn't it?
I am hoping that they have convinced themselves that "the middle of April" runs from 10th to 20th April and therefore they can leave it until Monday or Tuesday. It does feel rather as though they might be waiting for something to happen in the hope they can put it in the TU release when it comes.
The year end figures would have been known at the end of March, there is clearly something going on that is causing this delay in releasing the trading statement. Fortunately the share price is not so far dropping as a consequence of this uncertainty.
Studio will provide a post-close trading update for the financial year ended 26 March 2021 as a whole during the middle of April.
This taken from the RNS released on 30th March. I suspect we might finally see something later today after the market closes and given today’s date.