The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
When he sold he still had just shy of £132,000 worth of shares (which he still has now albeit worth a lot less!)
Directors can sell for a number of reasons, doesn't need to be cloak and dagger...
It's all there for people to read in the RNS on 15-Nov-17.
"customary security over all assets of the Company, except for intellectual property where there is a negative pledge."
That is a direct quote from the loan agreement. So, assuming that you do indeed have the ability to read, and the capacity for rational thinking, clearly states that they do not have ownership over their IP.
"not at worried by a £24,000 loss"
So we've established you're a liar, not really any need for more discussion is there?
Even more so when you're just watching the share price go back up!
Since I'm in at just over 5p I'll pass.
Will happily be getting some more if it drops back to those levels though.
Ah 12 posts, same number as his IQ.
No wonder so many PI's lose money, they cant count...
Just read his twitter and feel like a considerable number of my brain cells have just committed suicide.
So you expect the entire company to be worth 350K, after having sales of almost £150K in Jan alone?
The sale cannot be blocked by shareholders.
Accepting 1p can be. So take your pick between 1p and 0p.
No, re-read it again, it says "for two power plants in California, USA, expected to be valued in the region of EUR10 million.".
The 10 mil is still for both of them, it just doesnt go into detail on the breakdown.
Expect a good re-rate over the coming days, with more news to come.