The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Morning KK ... they showed on google, 15m last night and 8m this morning, Maybe a timing issue, so could be 15 in total or 23 (I don't know) although the 8m number has now changed ... I think these are "trades" not through the london stock market ... maybe betwwen members of the concert party ??? who knows
I've been going through the AIM rules ... and it seems it is ok to have a news blackout under some circumstances ... but I can't tell if interims are included or not in that
But lets face it, with such a low public free float, this is really a private company dressed up in PLC clothes ... as I see it the market share price is only relevant for those who want to buy a small amout
I'd hate to spell it out ... it feels unlucky to do so ... we will all know soon enough if I'm correct
If they publish interims next week (which they should do in AIM rules) then the tone will be telling
Let's see ... good luck all
Morning KK
Call me crazy, but I thinking we will not get to see the interims ... the share transfers, share options at 5.5p, news blackout and lots more, point me to a different outcome soonish ... fingers and toes crossed ... I wish I had some spare cash to get more now, but I'm all in already
Half-yearly reports
18. An AIM company must prepare a half-yearly report in respect of the six month period from
the end of the financial period for which financial information has been disclosed in its
admission document and at least every subsequent six months thereafter (apart from the
final period of six months preceding its accounting reference date for its annual audited
accounts). All such reports must be notified without delay and in any event not later than
three months after the end of the relevant period.
https://docs.londonstockexchange.com/sites/default/files/documents/AIM%20Rules%20for%20Companies%20%2801012021%29_1.pdf
Nothing till end of September I recon ... maybe an oppertunity for me to buy a few more
AIM Rule 11 requires notification without delay of any new developments which are not public knowledge which, if made public, would cause a significant movement in its share price. The Guidance Notes in part 2 of the AIM Rules make clear that this means information a reasonable investor would be likely to use as part of an investment decision. There is an exemption set out in the guidance relating to transactions which are in the course of negotiation where disclosure might prejudice those negotiations, provided that those who are aware of the information (e.g. the other party to a negotiation and professional advisers) keep that information confidential and do not trade in the company’s shares.
Nope .. why would they go private, I can't see any good reason
But sell out seems to explain the AM share transfer, WHI Valuation, Sister gifts shares to brother, Dept swap, Share premium account and most of all the news blackout ... all that maters to me is at what price