The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
MM. Best thing to do is read the last few RNs and the pea and other I'm depth report. Last one was about 360 pages long.
Impossible to even type a brief summary for you on here it's so lengthy and I'm depth. Everything you need in it tho. Be interested in yr findings. Good luck.
I not gonna speculate as to who the eminent investor is..,but been googling and looking at the top 5....wow ...if it's one of those. Guess we'll find out 14ty July, which I think is the date shares come out. Tr 1 gonna be interesting.
https://spongeshare.com/about/
And I'll bet my holding that's not the eminent gold investor! His bio doesn't fit that.
https://spongeshare.com/2020/06/30/more-gold-for-me/
From maverick on advfn. He is @TheMoneySponge on twitter
My take for what it's worth....6 million is a spread. I reckon someone with a lot of shares shorts it....price goes down to placing price....then closed today. Hedged their bet and got the price down from a penny. Will see tomorrow if real buys put the price up as we've had some decent volume days recently and share price had acted oddly.
Plus on a positive note....Bill has always maintained he is on side of small investor. So if....we were looking at 2p or so he clearly feels the value is much more than that. And importantly believes the resource has huge potential. You don't find a Picasso in yr loft and flog it for 100k later to find it's real worth is millions!
Do we think 6 months of drilling? Length and importantly depth?
May well be worth it in the long run.
Well let's hope the new investors will come out via TR-1'S. Or at least the eminent investor starts making noises to increase exposure to Landore. Or get their mates interested!
I also think we could do with a bit more of a modern approach and embrace social media to a degree. I don't want jam tomorrow crap that some companies constantly put out....but something now and then would be beneficial to lth and attract new investors. Gold on a high....when you mention LND on twitter noone has heard of us. Love or loathe social media it's they way it is these days.
Here's one to mull over. Odd trades last few days. 650k showing today as an 'off book' trade. So presume that's from one party to another at an agreed price.
641k UT trade on 22nd coincides with the auction. Anyone got any knowledge of these shenanigans? Is someone collecting large amounts of shares? No expert just wondered if anyone understood it as there seems to have been a bit of manipulation going on to me.