The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
large drops on tiny volume continue to destroy this share.
I.e. about 0.1% of the company - and an 18.5% drop. Wow.
been setadly moving down since 12p. Soon the value of the company will have halved...for no reason other than boredom, of course.
Unfortunately, yes. I was a bit annoyed that the last RNS was so wooly reg. the BBC contract. they still haven't said what it was worth.
On a few £500 sells.
ZOO replied to my enquiry of why Apple was not released in an RNS and about the BBC contract's value with 'Thank you for your email. We plan to release a trading update later this month and intend to include a client update within that statement. Thank you for your interest' So hopefully a useful update coming soon.
I think ZOO have some good stuff going on, but I think they could do better with their RNS's. Announcing the Apple deal via RNS will get more shareprice action. Also - and this is the bigger question = we don't know how much the BBC contract is worth. I've brought back here today, however- I have an instict this might kick off when an RNS is released.
ZOO announced the Apple deal via RNS? Would have thought it merited one.
How much that BBC contract is worth? Surely this is the big question, as this info was missing from the RNS.
Doesn't seem to say on the RNS... I am tempted to buy here...doing a little research.
I think this is good news. Remember how absurdly undervalued this already is relative to what the company owns. It's always been a potential recovery play, and I think this sort of news ought to make it much more likely the market will see it that way.
If we see a spike in the gold price we coule well see a bounce into the teens, that in my opinion is realistic. AVM has done this twice before in recent times.
Well, NEW actually drilled another duster in the meantime from 4p to sub 1p. I think TRP is a better paralell. And that did have a revival spike, and some made 25% gains, but then settled at about the level it had fallen to origianlly. It also took a 65% on the duster.
AVM has for a whole now - since its collapse from the 60-70p levels - more or less directly tracked gold. If gold goes up into the upper $1300s or better still breaks $1400 History suggests AVM will get up to around 12 pence, and may move 40-50% in a day. No knowing when that will happen, but it will sooner or later.
I think my headteacher told all the kids to put their lunch money into AVM..
I think AVM is now a very good budget buy. They are bumping along at the bottom, but a rise in POG exposes an investor here to a great deal of upside. I would be very surprised if at some point sooner rather than later this doesn't just jump 50% in a day when POG spikes. I intend to be sitting here when that happens.
I managed to get in with a couple of grand at 8 pence flat yesterday. I think that's a good price, and when the gold price spikes this could well move 40% plus in a day and go to 11 or 12 pence. It's done that twice in the last few months and it'll probably do it again.
AVM is not dead yet!
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