The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Just received a call from my broker to ask if I still wanted to go ahead with the share offer and if I still wanted to go ahead with my additional shares request in light of the share suspension. Ive decided to go ahead with the share offer in principle although I think this will not progress and halted the additional offer for the time being.
Well considering the sp was up to 1.33p after all the contract wins then you can see where the potential is with this share. I think they made a mistake with the acquistions at the times they made them, as the income had not come in yet from these contracts so they financially overstretched themselves. But this cash injection will sort the company out and set tnem up for the future. Will be nice if more small time investors can get a chance to buy shares at the 0.05p range though.
Just had an email from my brokers who advised that open offer documentation is due Feb 2015. So we have a long way to go yet and a lot more ups and downs in this sp.
how do exsiting shareholders buy shares at this price>?
12% rise in sp, no posts on here and no rns
28 to 15p and weve had good news?! whats going on!
Yep £1.16 b/e for me and don't really fancy pumping more money in to average down either
12% up and no updates from Woolworth! keep up!
Although there has been some high sells today!
Seems to have levelled out at this level
my screen has a 0.47% increase in sp!
Finally some blue!
why has the sp dropped do much recently, I thought we had turned a corner, now it looks like we going back to the usual levels again
average down now?
I know the feeling although my b/1 is 'only' £1.13. Didn't average down as already overstretched my investment here and feel like ive been here a lifetime already so could really do with some big movements like this more often.
double digit movement and its in the right direction!
and I thought I had it bad with a b/e of £1.89!
cen was previously chc that was suspended for months until cen came along with massive dilution of shares for longer term holders, mine being 9p b/e
more like 9p to break even!