The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Maybe THIS is the day we break the resistance level ..
Another day, another load of b&ll sh&t from MJM on the Pensana board ... :-)
Good, we are starting to trundle on now. Hopefully 0.8's soon
Where we left off on Friday. Decent buying volumes into the close, clearly that IG interview sparked a few people to press that buy button. Way too cheap down here
Just cos the papers said £4m doesn’t mean it’s £4m. I think it’s a typo with a number due before or after the 4… :-)
Never thought i'd be happy to see a GM fail. Maybe now Robin can think about getting a deal share holders want rather than a horrific deal designed to keep his gravy train flowing. Buys flying in already.
Looks like some good growth potential from here.
Market (SCAP mainly) now trying to bounce the shares. Great chance to buy here and should make money, don't be like me and be an idiot and buy right on the bell last Friday into a temporary rally, buy the dip and buy the bounce.
Why was anyone expecting an RNS this morning?? Read the article. It says 'is to back' it doesn't say 'has backed and is all signed off'. This was never gonna be RNSed this morning , it will come out once it's signed and approved.
That's why I've bought more this morning above 85p. Once it's signed off and we get the RNS this should finally break the 20 day MA and get back going again.
Looking at Friday's action, it was kept tight to 0.7p then whenever the seller finished up, it moved almost 10% in a couple of hours with the last trade going through just shy of 0.77p. Hope that's the last of it and back up we can go
Thanks for sharing.
Sales will follow after. Great update and good to see the recent monies have been spent wisely.
Because it's domiciled in a non tax paying country. Similar to Glencore or Centamin
Thanks for sharing Troa. Looks informative
The good thing here is that Canaccord have a fantastic book of II clients. This isn’t going out to flippers , it’s not gonna be 3.5p offered in £100k worth at 8.01 tomorrow.
These guys look after placings, I’ve dealt with them for years in things like HE1 (10p to 28p after placing) and PANR which was 67p to 80p pre drill and then doubled.
We are in good sticky hands and the free float on this is tight. If we can get going who knows where we could be. Monecor raise was 6.6p, a man can dream
Thanks Troajan. The main weakness and turn off for investors in Pharma companies is the needed to raise over and over again (Evgen etc) so the cash balance here is a big plus.
I’d be lying if I said this week and this share hasn’t taken a huge toll on my mental health. When I saw the opening uncross at 3.2p I got so excited for a good week, nice open and push on and then within an hour it was totally crushed. I hope anyone who had a lot too in this is okay. A lot of shares taken a beating this week. Fingers crossed we can get an outcome here that helps everyone still involved in this.
350p!!
Hopefully so. Nice rush of buys there between 12:19 and 12:30
Just lifted the book all up to 2p .. hmm ...