The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I'm liking the charting similarities between now, and 2 years back, when the price went from 20p to £1. Only difference this time is we're starting from 40p, and we're much closer to production (albeit how soon that might be is anyone's guess!).
Perhaps the BoE rather stupidly telling everyone there’s going to be a prolonged and nasty recession in the U.K. has taken the wind out of the sails?
Seriously, what a daft thing to do. ‘There’s going to be a RECESSION!’
Everyone immediately stops spending, and hey presto..
When it comes to Portugal and land/ownership/environmental disputes things can get very ugly and time consuming.
I still think we’re the best chance the EU and in particular EU based car manufacturers have of surviving, but sense doesn’t always prevail..
Fingers crossed things change soon
They mention partnership on battery factory and recycling. Pretty strong hints aligning with some other recent presentations (by others)…
Also in the footnotes that they’re likely to never be fully consolidated, so presumably they’re not looking for 100% ownership either?