The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Is that how it would actually work? if it sold for 40 times higher than the current mkt cap would that actually mean the price per share would be 40 times higher than now? I haven't clue how these things work.
Truffle... I’m used to waiting, BPC have given me the ability for patience and fortitude.
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You've waited long enough...not long now and you'll be in profits. The postman always knocks twice. Noos sooN
Don't forget the wonky hole that was terminated somehwen before the 11th June - nearly three months ago. The upper part was sent for assay but not met testing
The change in land use for mine development was initiated almost a year ago and the formal stakeholder engagement process finishes next week, JORC upgrade end of this month or early Oct. Without a doubt EUZ have done the groundwork to pass on a 'ready-to-go' project, is it too rampy to suggest we're being guided by a bigger hand?
Dropped by the MMs to flush out the T traders and it worked.
0.0405 - 0.0433
buys flowing in now
I haven't the faintest idea (apart from theories). Depends on newsflow but we don't know what their strategy will be on releasing results. The only nugget of info is that they seem to have chosen not to release 022 assay results. It's been discussed before but does anyone have any firm evidence of the likely turnaround on assays. I've tried going back through RNS's but am just going round in circles!
I came so close, SO CLOSE, to breaking even a few days back. All i needed was to hit 0.088 and boom, BOOOOM, i would have broken even. I guess i just have to wait. Congrats to anyone who made money. if im lucky, i might break even one day ;-)
Do you think we’ve hit the bottom now
Price holding up remarkably well on the back of the sell, it’s just a waiting game now. I’m used to waiting, BPC have given me the ability for patience and fortitude.
Man, we are about as far now from the original intent of AIM as we are from the Moon. Especially after the last big financial crash, which seemed to wipe out the culture of positivity. Mms, brokers, traders have erred towards the negative or cautious approach more and maybe there's some way of making more money that way idk?
I see it (at this stage) as nothing to worry about in terms of this sp dropping after this news. This often happens in a news vacuum after a euphoric event has subsided. Mms just reshuffling the deck of cards for the next potential run up. I've seen it so many times after news I've become immune to it. The people panicking must be new. But if they stick around on AIM they'll get used to it. The good news is that now and then the mms do let an sp really fly, as we've seen.
I've had worse Newbie :)
Sorry should have been Shed
She’d, I’m holding back from topping up for that reason, possible further falls
The only sells that would worry me would be by the Directors or Deutsche Balaton. However I do think we could be looking at radio silence until all the results are processed. They must have assay results from 022 by now but haven't RNS'd them which suggests we're not going to get an incremental news delivery. Hope I'm wrong but without the oxygen of positive news we will probably suffer further falls, makes no difference to the endgame but annoying nonetheless.
Sorry typo..., yesterday .044 - .045
I keep having a look on my brokers site, and for the last half an hour it has been 0.0415 to buy even small amounts to top up with.
Gla
Biggish sell yes but can dummy sell quite a few mil now unlike earlier so hopefully this has bottomed for today and maybe (live in hope) a retrace before closing GLA
I would not beat all surprised the way this is being played. MM reduced it yesterday .04 - .05 and today news .040 - .042 which shows that they do not want the sp to drop below .040 and I thing we would see another rns this week and that should take us back to .045 - .050 range. AIMHO
It probably will........
Gla
Oil, I don’t know sorry.
Wow now I didn’t expect to see any sells like that - 33 mil
GLA
I know mate, these seller probably wished they'd sold last week and see an opportunity to make a few bob. Makes no odds to me, I've got monies available to take advantage. They'll be T trades closing and forced sellers, they'll also be shrewd buyers.
We're now further down the line and less than half of the discounted TP valuation. Just got to ride it out if you can GLA
I didn't knock him for being enthusiastic, it was a welcome change from some of those early lethargic interviews. There was a joint one he did with MC shortly after JT left where they looked like they might fall asleep! Anyway I'm still a believer and welcome good natured discussions - GLA investors this could be an absolute gem.
Just topped up at 0.04 which I must admit I didn't think I would see a few weeks back. Averaging down right now, so glad of the opportunity.