Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
- Appointment of experienced non-exec director
- Appointment of a CFO
- investment in emerging technologies
- establishment of a US subsidiary
The recent £400k contract win is nothing compared to what is to come! If I wasn’t already invested here I would be thinking “Now is the time to take a position in SNT with the positive news flow now appearing”.
I can’t be 100% certain but I have a slight inkling that funds will be raised via a placing; a few billion extra shares issued and existing shareholders diluted even further. Don’t worry though as some will simply badge it as “an opportunity to top up”!
I’m no longer invested and I’m not deramping either ( why would I as I don’t want an entry point). I am however more than keen to make people aware what a dog of a share UKOG is and stop them being sucked in by under water shareholders desperate for an exit point.
You beat me to it, the RNS might have sparked some interest - if it's good enough for a director to increase his holdings that only sends positive messages as far as I am concerned.
Great work to develop new tests and revenue streams but that was not the RNS we were hoping for. Invested here but think this RNS could have a negative effect, I hope not and time will tell. We want contract news!!!!!!!
Started to feel a little annoyed at the lack of news I suspect; I’m the same. GM needs to get the PR machine fired up and stop thinking that mid cap means they don’t need to inform the market of changes; his approach to materiality is damaging the share price as investors start looking elsewhere. We need news! Fingers crossed there’s a big announcement (phase 2 contract) being drafted right now.