The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I wonder how Charles Allen feels, having seen his share purchase deteriorate by £358,950.65 in just two months.
I'm really struggling with this one, noting he must have been aware of key business operations and their respective performance to date when he made the purchase.
Latest post shows highlights of his family summer along with the words to the accompanying track by Sam Smith - Money on My Mind. MM quotes "It's great to be back at our bustling HQ this morning recharged and gearing up for peak. In the words of Sam Smith "I do it for the love".
I noted some comments from shareholders being posted but it looks like MM has deleted them.
https://news.sky.com/story/joules-rescue-talks-with-next-stumble-after-latest-profit-alert-12683855
Goldman Sachs - see RNS
Clearly not, as it's back where it was...
16:36:35 3.14 26,999,585 847.79k O
16:36:35 3.14155 -26,999,585 -848.21k O
16:36:35 3.14155 26,999,585 848.21k O
16:35:44 3.20 100,000 3,200 A
16:35:20 3.20 3,002,438 96.08k UT
BOO down 6% yesterday, so it doesn't look like their shareholders are impressed with the move.
I think it's this line that did it:
Any deleveraging transaction will likely result in very significant dilution of existing equity interests in Cineworld.
Another high volume day on MOEX. 4m traded so far and up another 5%.
This is nothing to do with UK brokers as the average volume was typically 1m per day or lower up until 18th July
MOEX share price has risen from 211 to 385 since 25th July....
What do they know??