The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
There are more warrants available when this sticks over 60p for 5 consecutive days. You can only hope the board are looking to drop bombs and not set of a couple of fireworks!
Fireworks get sold into...
Bombs get bought into...
SNT’s time will come
Any jitters about the consolidation have already been priced in. This is being held due to the additional shares being churned through, which cannot be too far away from completion. Due to this some investors have jumped shipped to take their chance else where.
They’ll be back very soon tho
Everyone has buy and sell targets however it’s confusing to be so dead set on buying under 0.1 yet hold for multi bags over 3 years....gambling/hoping for a 10% drop seems a very short term holding strategy
It’s a slow process, 5bn shares is a huge amount to introduce to the market. If there were put in all at once the share price would have completely collapsed.
There has been 6.5bn of volume since induction, this obviously isn’t 6.5bn of just buys. I’m guessing we need the current combined volume of 6.5bn needs to double before we get to take off!
That time will come very soon though