The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Looking at FCA site the submission of the prospectus is given 10 working days to “turn round”, if not accepted then second submission is 5 days. I would have thought the first submission would have been returned with advice on how to improve it ready for second submission. Since we were led to believe the second submission was to be done on the Friday after the AGM, surely Art must now be in a position of having prospectus agreed?
If this is the case perhaps all parties are aware and Art is just waiting to announce the realist date at the last possible moment to allow as much information flow as possible?
I am wrong to think that the 14th July was an important date as COPL had an extension by the Canadian stock exchange which comes to an end on the 14th. Would the prospectus and the q1 results that are to be “dropped in” not be expected to be announced on 14th?
Have all licences been given out and nothing benefitting COPL?
Was hoping that prior to re-list we would have news of flooding and positive news of Nigeria which would have placed SP in a very positive position. Without any such news I am fearing opening SP may be far less than hoped.
Thanks Shouston, yes google was my viewpoint. Like I said though am feeling rather frustrated with this share as one minute thinking it will pop and solve a few issues for me while main budget is wrapped up in COPL, next minute I am concerned I am losing more money. Don’t have a long time span to be in this unfortunately.
Shame is we don’t really see the jump in SP, seems something is just keeping the brakes on
Think peeps might be taking notice of you as quite a bit of buying going on